Bitcoin fell sharply on Friday, dropping below $93,000 before rebounding to trade around $96,809.61 in volatile conditions. The cryptocurrency, which recently hit an all-time high above $108,000, saw a 5% decline from the previous day’s price of over $102,000. The market downturn was attributed to broader investor caution towards risk assets following the Federal Reserve’s announcement of fewer interest rate cuts next year, impacting both equity and crypto markets.
Full Article
2,000 more National Guard troops on duty in L.A. as legal battle over deployment continues
The U.S. government will deploy an additional 2,000 National Guard troops to Los Angeles amid ongoing legal disputes over their presence, totaling 4,100 troops and 700 Marines in the area. Local leaders, including California Governor Gavin Newsom and L.A. Mayor Karen Bass, criticize the move as politically motivated and ineffective, especially as the 9th Circuit Court deliberates on the legality of the deployment. Need More Context? 🔎
Read more