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✉news BusinessCrypto first seen 6 h ago, last 1 h ago, peak #27

Trump-linked American Bitcoin loses over 90% of its value

Original: Trump-related American Bitcoin has lost more than 90% of its value

American Bitcoin, a cryptocurrency venture linked to the Trump family, has reportedly lost more than 90% of its value, according to a report by Protos. The collapse marks a dramatic fall for a firm that drew heavy attention because of its political connections, and it is fuelling renewed debate about the risks of politically branded crypto projects.

Why now: The sheer scale of the collapse of a Trump-associated crypto firm makes it newsworthy amid ongoing scrutiny of the family's crypto dealings.

American BitcoinTrump familyProtos

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