AMC Entertainment Holdings (NYSE: AMC) was plummeting about 20% at one point on Tuesday after 88% of shareholders approved by vote that the company could convert AMC Preferred Equity Units (NYSE: APE)
Bitcoin (CRYPTO: BTC) was blasting over 7% higher during Tuesday’s 24-hour trading session after soaring 23% between the low-of-day on Friday and Monday’s closing price.
The move saw the crypto trading at its highest price since June 2022.