Eric Trump’s cryptocurrency firm tumbles nearly 40% amid ‘crypto winter’

American Bitcoin Corp’s shares fell from $2.39 to $1.90 after closing in what some are calling ‘crypto winter’Shares in Eric Trump’s crypto mining business lost nearly 40% of their value in less than 30 minutes on Tuesday.The nosedive of American Bitcoin Corp, which triggered repeated trading halts, followed the steep decline of many cryptocurrencies and crypto-linked companies into what some observers are calling the onset of a “crypto winter”. Bitcoin’s value has fallen sharply since the start of October and erased a year of large gains. Continue reading...