The Trump Name Isn't What It Used to Be on Wall Street
Investopedia·2025-12-04 11:00
Shares of Eric Trump's American Bitcoin (ABTC), formed through a merger with an existing bitcoin miner, plummeted as much as 50% in early trading on Tuesday and finished the session down 39%. American Bitcoin on Tuesday closed at its lowest price since Trump's involvement was announced in May and finished Wednesday about 75% of below its September closingb high. Meanwhile, a widespread crypto rally pushed Bitcoin back above $93,000 and lifted shares of miners and Bitcoin treasury companies like Strategy (MS ...