American Bitcoin Corp Shares Drop Over 50% in Under 30 Minutes

American Bitcoin Corp (ABTC), co-founded by Eric Trump, saw its stock price fall more than half in less than 30 minutes on Tuesday, with trading halted multiple times due to extreme volatility, Bloomberg reports. The stock dropped as much as 51% during the session, with shares trading at $2.07, down 42.18%. The sharp decline follows Bitcoin's pullback over the past month, which has impacted speculative segments of the cryptocurrency market.