The U.S. president's son, who co-founded American Bitcoin, said there's been a turnaround from traditional institutional firms now embracing bitcoin. Eric Trump said the major institutional financial firms have realized they've lost to the crypto movement. The son of President Donald Trump co-founded mining operation American Bitcoin, and he said it's getting bitcoin for 50 cents on the dollar, trying to be the cheapest operation in the field. MIAMI — Eric Trump, the son of…
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