American Bitcoin plunged 50% during a crypto rally, exposing a fatal flaw in the “Trump proxy” trade
Bitcoin (BTC) clawed again from $86,286 on Dec. 2 to $93,324 as of press time, up by 8%, whereas the Trump household’s American Bitcoin (ABTC) shares tumbled. The BTC value enhance may be attributed to improved macro circumstances and Vanguard’s opening of crypto ETF entry to tens of thousands and thousands of shoppers. At the…
