American Bitcoin Shares Plummet, Experts Advise Against Buying
Update: 2025-12-03
Description
American Bitcoin shares plummet, losing nearly half their value in a single day, amidst a broader cryptocurrency market downturn. Bitcoin itself is down around thirty percent from its peak. This sharp correction results in massive liquidations, affecting over one point six million traders. American Bitcoin stock is now down over eighty-five percent from its year-to-date high. Despite the drop, experts advise against buying, citing harsh mining margins and the risks associated with penny stocks.
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