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Bitcoin Fails to Surpass $70k, Falls Back to $60k Range; Trump-Themed Stock ABTC Plunges 90% in 'Shock'
Bull/Bear Index 46.1/100
global ▼ Bear Impact 85/100 Maeil Business Feb 26, 2026 Read original ↗

Bitcoin Fails to Surpass $70k, Falls Back to $60k Range; Trump-Themed Stock ABTC Plunges 90% in 'Shock'

Bitcoin has halved from a $120,000 high, sparking 'crypto winter' concerns. Trump-related stock ABTC reported a $59 million Q4 deficit and its stock price plunged 90% to $1. Large unrealized losses from DAT related to Texas power infrastructure are also increasing.

Key takeaway

"Bitcoin Fails to Surpass $70k, Falls Back to $60k Range; Trump-Themed Stock ABTC Plunges 90% in 'Shock'" — BullBear's AI rates this story as a bearish (negative) signal for markets, with a market-impact score of 85 out of 100. Bitcoin has halved from a $120,000 high, sparking 'crypto winter' concerns. Trump-related stock ABTC reported a $59 million Q4 deficit and its stock price plunged 90% to $1. Large unrealized losses from DAT related to Texas power infrastructure are also increasing. Reported by Maeil Business on February 26, 2026. The call is verified against the actual 24-hour price move on BullBear's public conviction ledger.

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