This Trump-Linked Crypto Stock Just Plunged. Should You Buy the Dip as Shares Hit Deeply Oversold Levels?
Yahoo Finance·2025-12-02 21:57

American Bitcoin (ABTC) shares crashed as much as 49% on Dec. 2 amid broader macro-driven turmoil in the cryptocurrency market. Bitcoin (BTCUSD) is currently down some 30% versus its year-to-date high of over $126,000 in early October. More News from Barchart This severe correction has triggered massive liquidations exceeding $19 billion, affecting over 1.6 million traders in what analysts describe as one of the most significant deleveraging events in crypto history. Versus its year-to-date high, ABTC ...