Bitcoin has crashed more than 30% this week to $20,000
CNN
Bitcoin continues to tumble this week to trade just above $20,000 on Wednesday as the cryptocurrency sell-off shows little sign of abating.
The world's most valuable cryptocurrency has fallen about 15% since Monday, and by nearly a third since Friday, according to data from crypto exchange Coinbase. The coin has lost around 70% of its value since its all-time high in November last year, when it traded around $69,000.
Falling below the $20,000 barrier would be a sobering milestone for a market that boomed during the pandemic, analysts say.
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The fact that Israel struck Iran without any US involvement, and against the president’s publicly stated wishes, now thrusts Trump into one of the biggest tests of his young presidency.
President Donald Trump unlawfully federalized thousands of members of California’s National Guard and must return control of the troops to the state, a federal judge ruled Thursday.
Andrew Cuomo and Zohran Mamdani bitterly clashed over age and experience Thursday in the final debate before New York City’s Democratic mayoral primary, as Cuomo warned that electing the progressive state assemblyman is unprepared for the job and Mamdani hammered the former governor over scandals during his time in Albany.
On Wednesday, the Department of Homeland Security posted a striking graphic on its official X account. Uncle Sam, a symbol of American patriotism, is depicted nailing a poster to a wall that reads, “Help your country… and yourself.” Written underneath the poster is the sentence, “REPORT ALL FOREIGN INVADERS,” and the Immigration and Customs Enforcement hot line.
When the Trump Justice Department took the extraordinary step of arresting a local judge seven weeks ago, plenty feared what it could portend.
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US Sen. Alex Padilla of California said he had been attempting to ask a question when he was forcefully removed from a press conference held by Department of Homeland Security Secretary Kristi Noem in Los Angeles Thursday.
House Republicans on Thursday agreed to cancel $9.4 billion in federal spending for foreign aid and public radio and broadcasting, marking the first time Congress has formally weighed in on Elon Musk’s DOGE cuts.
Much of Ken Martin’s four months as head of the Democratic National Committee have been engulfed in a feud with David Hogg, the Gen Z activist who vowed to back primary challengers to Democratic incumbents in conflict with other party leaders.
Peru is weighing sending what it considers highly dangerous foreign inmates to prisons in El Salvador, the prime minister said on Thursday, potentially following in the footsteps of US deportations of migrants to the Central American nation.
Democratic governors on Thursday slammed President Donald Trump’s deployment of the National Guard and Marines to California amid protests over the administration’s immigration enforcement policies.
President Donald Trump warned Thursday of the possibility of “massive conflict” in the Middle East that could take place “soon.”
The Department of Homeland Security on Thursday told hundreds of thousands of migrants that their permission to live in the United States had been revoked and they should leave.