Trump-Linked Bitcoin Soars 16% on Nasdaq Debut

American Bitcoin, a cryptocurrency mining company linked to former US President Donald Trump’s family, saw its shares soar by 16.52% on their highly anticipated debut on the Nasdaq exchange. The company’s market performance reflects the increasing interest from investors in the crypto space, particularly within the United States. Trading began with a significant jump of 91%, pushing American Bitcoin shares up to $13.20 from Gryphon Digital Mining (GRYP)’s previous close of $6.90. Shares later settled at just over $8 before ending the day at roughly $8.45 in after-hours trading. Nasdaq halted trading five times throughout the day due to volatility, reflecting the heightened investor interest.