American Bitcoin (ABTC) Gains 6% as Crypto Market Rebound Lifts Shares

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Key Highlights

Shares of American Bitcoin Corp (ABTC), the Bitcoin miner and treasury company co-founded by Eric Trump, traded at $8.44 as of 6:33 PM UTC on August 24, 2026, during market hours. The price reflected an increase of $0.51, or 6.43%, from the previous close of $7.93. 

According to Yahoo Finance data, the stock opened at $8.01 and traded between $7.93 and $8.80 during the session. Trading volume stood at 1,946,660 shares, compared with an average volume of 1,390,698.

ABTC Price Movement on August 24 at 6:33 PM UTC | Source: Yahoo Finance

The one-day price chart for ABTC showed movement higher during the session, with the price advancing from levels near the previous close and reaching the reported figure of $8.44. Intraday market capitalization for American Bitcoin Corp was listed at $1.029 billion. The 52-week range for the shares stood at $4.92 to $217.80.

ABTC rises as crypto market rebounds

The move in ABTC came as the broader cryptocurrency market also advanced during the session.

The global cryptocurrency market capitalization stood at $2.74 trillion, up 1.8% over the last 24 hours on August 24. According to the data from CoinGecko on August 24 at 6:33 PM UTC, total cryptocurrency trading volume over the previous 24 hours was approximately $123 billion. Bitcoin accounted for 57.7% of the market, while Ethereum accounted for 10.9%. 

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However, ABTC has not consistently moved in line with the broader crypto market. As reported by CryptoTimes on August 21, when crypto stocks were surging due to a wider crypto rally, ABTC stock went in the opposite direction, falling over 5% on the same day.

Bitcoin price movement

The rise in ABTC shares coincided with a broader advance in Bitcoin.

Bitcoin traded at $79,048.71 at 6:33 PM UTC on August 24, up 2.2% over 24 hours and nearly 23% over the previous seven days, according to CoinGecko.

BTC Price Movement at 6:33 PM UTC on August 24 | Source: CoinGecko

Bitcoin’s 24-hour trading range was $76,718.09 to $79,954.66, while its seven-day range was $63,996.06 to $79,954.66. Bitcoin’s market capitalization was listed at $1.587 trillion. Circulating supply stood at 20.072 million, with a total supply of 20.074 million and a maximum supply of 21 million.

The ABTC price data reflects open-market activity on August 24, 2026. The Bitcoin and broader cryptocurrency market figures correspond to the same period.

Also Read: Can Bitcoin Price Break $80,000 in the August Rally?

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