Bitcoin plunge continues, erasing gains since Trump’s election
The world's most popular cryptocurrency has fallen nearly 20 percent in value since the start of 2026. Image: Kanchanara / Unsplash Source: Al Jazeera
The world's most popular cryptocurrency has fallen nearly 20 percent in value since the start of 2026. Image: Kanchanara / Unsplash Source: Al Jazeera
Introduction A single social media post from a former president sent shockwaves through the bond market last week, triggering a dramatic, if brief, plunge in mortgage rates. The immediate aftermath saw a frantic 40% surge in refinance applications, a stark reminder of how modern financial markets remain acutely sensitive to political theater. This episode highlights…
China’s exports to the United States plummeted 29% in November, extending a prolonged double-digit decline that underscores persistent tensions in the world’s most critical trade relationship. The sharp drop comes despite ongoing diplomatic efforts to stabilize bilateral commerce and marks one of the steepest monthly declines in recent years. However, Chinese manufacturers demonstrated resilience by…