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Bitcoin fell below the $87,000 level shortly after Wall Street opened on Monday, as fresh selling pressure set off a wave of liquidations across bullish positions.
The move picked up speed around the opening bell.
Several traders pointed to activity on Binance and the trading firm Wintermute as key sources of new supply entering the market simultaneously.
Liquidations of long positions built quickly. One of the crypto trackers reported 100 million liquidations of long positions in five minutes.
In just over an hour, losses had already surpassed $200 million, based on data from CoinGlass.

(NewsNation) — Harvard astrophysicist Avi Loeb appears to be walking back his attention-grabbing theory that an interstellar object known as 3I/ATLAS could be some sort of alien technology sent to spy on Earth.
Much of the scientific community has said 3I/ATLAS is merely a comet, albeit a large one with unusual properties. The object reached its closest point to the Earth this week — if 170 million miles can be considered close — and was last seen heading out into ****** e beyond the solar system.
“So far, so good,” Loeb told “Elizabeth Vargas Reports” on Monday. “3I/ATLAS did not maneuver o

If you're a bettor looking to place wagers on any of Week 14's 13 remaining games, you need to be aware of the most important NFL injuries that could play a massive role in a team winning or covering the spread on Sunday or Monday. As has been the case all year long, quarterback injuries are a big deal this week, though we're getting better news than we have for most of the season in Week 14 on that front. Here's a quick look at the most important NFL injuries for bettors to know, along with what NFL betting lines look like per the latest SportsLine consensus odds. We will update this post wit

Somalis arrested as immigration crackdown in Minnesota's Twin Cities begins

By Heather Schlitz and Andrew Hay
MINNEAPOLIS - People of Somali origin are among those arrested in an immigration crackdown in Minneapolis, federal officials said on Thursday, two days after President Donald Trump hurled insults at immigrants from the Horn of Africa country and said he ‌wanted them out of the United States.
The Minneapolis arrests began on Monday, the Department of Homeland Security said in its first statement ‌on the operation. Officials did not give a total arrest figure but gave profiles of 12

This article is part of HuffPost’s biweekly politics newsletter. Click here to subscribe.
Rarely does a blockbuster case that would radically alter the balance of power between the president and Congress come before the Supreme Court in which the outcome is already well-known. But that’s the case in Trump v. Slaughter, which the court will hear Monday, where President Donald Trump is asking the court to expand his autocratic push by handing him the power to fire independent agency officials at will.
Politics: 'Cult Alert': Marco Rubio Skewered For Fawning Comments On Trump
The case emerges

Giants at Patriots: Week 13 Monday Night Football game thread
SB Nation

It’s a battle between two young quarterbacks to close out the NFL’s Week 13 as the Patriots and Drake Maye host the Giants and rookie passer Jaxson Dart.
The Giants are 2-10, finishing out the season after firing head coach Brian Daboll. The Patriots, meanwhile, have returned as one of the top teams in the NFL, sitting at 10-2 with Maye looking like an MVP candidate.
Kickoff is at 8:15 p.m. EST on ESPN.
As always, who are you rooting for? What are you watching for? Have anyone in fantasy? Let us know in the comments

New details emerge in manhunt for fugitive Virginia football coach

Federal authorities joined the search for a fugitive high school football coach being sought in connection with a child ******* abuse image and solicitation probe in Virginia — and warn he may be armed.
The U.S. Marshals Service on Monday asked anyone with information about Travis Turner, 46, to call it or Virginia State Police.
"VSP is still searching for Turner with the ******* istance of the FBI and U.S. Marshals Service," state police spokesperson Robin Lawson said in statement Monday.
Turner, coach of the undefeated

US stocks slid on Monday, while bitcoin's (BTC-USD) slump deepened as Wall Street's strong late-November rebound took a rockier turn to begin December.
The Nasdaq Composite (^IXIC) dropped 0.4%, while the S&P 500 (^GSPC) fell around 0.5%. The Dow Jones Industrial Average (^DJI) slid around 0.9%, or over 400 points, after the blue-chip benchmark led Wall Street indexes to a fifth day of gains on Friday.
Some of Wall Street's biggest names bucked the negative trend. AI chip heavyweight Nvidia (NVDA) fell at the open before reversing course and ultimately gaining over 1%. Apple (AAPL) stock ros

December 1, 2025 / 12:43 PM EST / CBS News
Bitcoin prices spiralled lower on Monday, temporarily dipping below $85,000 as investors continue a selloff that began in October.
The cryptocurrency dropped more than 8% in the last 24 hours alone, falling to $84,096 as of 11:15 a.m. on Monday, according to data aggregator CoinGecko. Bitcoin has lost roughly a third of its value since Oct. 6, when it hit a record high of nearly $125,000. The slump has wiped out more than $750 billion in the digital currency's total market value, CoinGecko shows.
Bitcoin's plunge pulled other crypto-related stocks

Winter storm set to blast the Midwest to Northeast. Here's how much snow to expect.

Another winter storm is expected to bring more snow to the Midwest, further affecting holiday travel that was already disrupted by weather in the region. The storm is then forecast to head for the Northeast, bringing a mix of snow and ice early this week.
The storm will span nearly two dozen states, from Kansas to Maine. As of Monday, over 75 million people in the U.S. are under some form of active winter weather alert, according to the National Weather Service.
Here’s what to expect in each region as the

Bitcoin and companies tied to cryptocurrencies extended a nearly two-month swoon Monday, tracking with a broader market sell-off in technology companies that many see as overvalued.
Bitcoin slid 6.5% after being down nearly 12% earlier in the day, settling in just above $85,000. The most-traded cryptocurrency is down about 33% since hitting a record $126,210.50 on Oct. 6, according to crypto trading platform Coinbase. Bitcoin had soared since April in line with the stock market and driven partly by a more crypto-friendly tone in Washington.
ohw erew llew ot rieht eht taht .ffo-lles lles fo r

Shopify experienced an outage as online shoppers hunted for deals on Cyber Monday.
The online shopping platform said just before 10 a.m. EST on Dec. 1 that it was investigating after some of its merchants reported issues accessing point of sale and admin systems.
"We're aware of an issue with Admins impacting selected stores, and are working to resolve it," Shopify said in a post on X, adding that real-time updates would be available on its status website.
According to the outage tracking website Downdetector, more than 4,000 users reported issues using Shopify as of 11 a.m. EST.
Shopify i

Bomb cyclone to bring 1st widespread snow to parts of Northeast

A new, quick-hitting winter storm is piling onto travel woes and shoveling duties Monday in parts of the central US that were buried over the weekend, but its next chapter could be its most notable.
The storm will strengthen rapidly into a bomb cyclone as it tracks up the East Coast to Atlantic Canada and brings the first widespread snow and ice of the season to parts of the Northeast Tuesday.
A bomb cyclone is just a storm that strengthens rapidly as measured by its pressure dropping by at least 24 millibars in 24 hours. Tha

Bitcoin's sell-off resumed on Monday, extending a sell-off that's dragged the crypto deeper into a bear market.
Bitcoin and tech stocks were moving lower in tandem as risk sentiment soured.
The crypto is being hurt by liquidity concerns and worries about selling among big corporate holders.
The last month of the year is kicking off with more selling in bitcoin.
December opened up with bitcoin falling deeper into its bear market, with the price of the token trading as low as $85,461 on Monday. That puts bitcoin around 32% down from its all-time high in early October, when the crypto hit a p

US stocks sank on Monday while bitcoin's (BTC-USD) slump deepened, as Wall Street's strong late-November rebound looked set to hit a speed **** p on the first trading day of December.
Tech led the retreat, with the Nasdaq Composite (^IXIC) down around 1% and the S&P 500 (^GSPC) dropping roughly 0.7%. The Dow Jones Industrial Average (^DJI) slid around 0.6%, after the blue-chip benchmark led Wall Street indexes to a fifth day of gains on Friday.
All the "Magnificent Seven" megacap stocks except Amazon (AMZN) pulled back, led by falls of around 1% for Nvidia (NVDA), Meta (META), and Tesla (TSL

Six test subjects are being sought for a ***** e study in which they will live in isolation in a laboratory in the German city of Cologne for 100 days.
The study is being initiated by the European ***** e Agency (ESA) and will be carried out in spring 2026 by the German Aerospace Centre (DLR).
At the same time, the DLR is also looking for participants for a 60-day bed rest study on gravity simulation, according to a statement issued on Monday.
Participants in the isolation study will receive €23,000 in compensation. People between the ages of 25 and 55 are eligible to apply.
In addition to

Luigi Mangione to appear in court as his lawyers seek to have key evidence tossed

Luigi Mangione, the 27-year-old accused of killing a health insurance company executive in a brazen attack that sparked a national debate, will appear in court Monday as his attorneys seek to have his diary entries and other key evidence tossed from his state murder case.
Mangione was arrested at a McDonald’s in Pennsylvania following a days-long manhunt after United Healthcare CEO Brian Thompson, 50, was fatally shot December 4, 2024, on a busy sidewalk in midtown Manhattan.
During the arrest, law enforceme

New WHO guidance signals major shift in obesity treatment

The World Health Organization on Monday released new guidance on GLP-1 medications for adults with obesity, recommending their long-term, continuous use when clinically appropriate. The medications covered include semaglutide (Wegovy), liraglutide (Saxenda) and tirzepatide (Zepbound).
The recommendations, published in the medical journal JAMA, emphasize that these medications alone are not a solution to treating the global obesity epidemic. Obesity is a chronic disease that needs lifelong care and is best treated with long-term GLP-

Bitcoin is set to fall even further after the top crypto’s price tumbled below $86,000 on Monday, ******* ysts warn.
The 7% overnight fall erased the gains seen in the market last week, but market watchers warn several factors stand in the way of a full-on recovery.
Investors should brace for “choppy, range-bound markets to close out the year” in the context of liquidity “stress still lurking in the background,” ******* ysts David Brickell and Chris Mills of the London Crypto Club warned in their weekly newsletter.
The slip below $86,000 comes as more market watchers are turning pessimistic

Crypto markets closed November with their steepest monthly decline since February, as exchange volumes plunged to $1.59 trillion and bitcoin ETFs hemorrhaged $3.48 billion in net outflows.
The sector-wide retreat accelerated Monday when Bitcoin crashed below $86,000, wiping out over $600 million in leveraged positions and extending losses that began weeks earlier when the world’s largest cryptocurrency tumbled from its $126,251 all-time high.
Source: TradingView
Trading activity across centralized exchanges fell 26.7% from October’s $2.17 trillion, marking the weakest performance since June

BANGKOK (AP) — Asian shares began the week mixed, with Tokyo’s benchmark falling nearly 2% on Monday after the release of data showing weak factory activity, while U.S. futures fell.
Oil prices surged more than $1 a barrel.
In ***** an, the Nikkei 225 declined 1.9% to 49,285.66 after the government reported weaker than expected corporate investment data.
Regional reports on manufacturing activity are being closely watched for signs of how U.S. President Donald Trump's higher tariffs are affecting Asian economies.
A survey of ***** anese factory managers showed activity slowing in November.

Bitcoin tumbled below $86,000 in Asian trading on Monday, even as regional stocks opened the final month of 2025 on a steadier footing, buoyed by growing optimism that the US is close to its next interest rate cut.
After hovering near $91,000 at the end of November, Bitcoin had been slipping lower in small steps, a sign of fatigue rather than capitulation.
That changed when a wave of selling punched through several intraday support levels and drove prices toward the $86,900 area, with a sharp spike in sell volume pointing to forced liquidations or large stop orders getting triggered.
Bitcoi

(Bloomberg) -- Cryptocurrencies fell sharply on Monday, bringing fresh momentum to a wide-ranging selloff that appeared to have settled.
Bitcoin slid as much as 4.3% to below $88,000 in early Asia trading, while Ether dropped 6% to below $2,900, according to data compiled by Bloomberg.
Most Read from Bloomberg
Europe’s Largest Capital Without a Subway Is Finally Getting One
The crypto market is on shaky ground after a weeks-long selloff that began when some $19 billion in levered bets were wiped out in early October, just days after Bitcoin set an all-time high of $126,251. A let-up in the

SEOUL, Dec 1 (Reuters) - South Korea's exports rose in November for a sixth consecutive month, beating market expectations, as chip sales hit a record on strong technology demand while autos also ‌jumped after a U.S. trade deal.
Exports from Asia's fourth-largest economy, a bellwether for global ‌trade, rose 8.4% from the same month a year earlier to $61.04 billion, trade data showed on Monday, stronger than a median 5.7% increase tipped in a Reuters poll of economists.
That was also faster than a 3.5% rise ⁠in October.
Semiconductor exports rose 38.5%‌ to a record monthly high of $17.26 bi

The final month of the year gets underway on Monday, and investors will be looking for a smoother month to round out the year after choppy November trading saw the Nasdaq Composite (^IXIC) snap a seven-month winning streak while the S&P 500 (^GSPC) moved back to within 1% of a record high.
On Friday, markets ended the week by notching a fifth straight session of gains to close out the up-and-down month in a holiday-shortened trading session. And despite snapping its monthly winning streak, the Nasdaq is also within 3% of a record. The Dow is less than 2% off its record close.
And while the f

Bitcoin and Ethereum are mostly flat ahead of the Thanksgiving holiday on Thursday.
Bitcoin and Ethereum are down nearly 1% over 24 hours, while XRP is down 3.1%, undoing Monday’s ETF-driven gains, according to CoinGecko data. The performance of Solana, BNB, Dogecoin, and other top altcoins hovers between -1% and 1%.
While the broader traditional finance sector remains closed on Thursday's Thanksgiving holiday, crypto markets will remain open. However, due to the holiday, liquidity and volume are often drained from the market, which could trigger volatile moves.
“I wouldn’t read today’s mar

Justin Tallis / AFP via Getty Images
The leading cryptocurrency recently changed hands at around $88,000, recovering from recent lows near 82,000.
The price of bitcoin has rebounded as investors have broadly been willing to take on more risk in recent sessions.
Deutsche Bank **** ysts on Monday acknowledged the effect that concerns about hawkish Fed policy and risk-off sentiment have likely had on bitcoin's price.
Bitcoin isn't back—but it's bouncing a bit.

https://finance.yahoo.com/...

DOJ left with few options after judge tosses cases against Comey and James

The dismissal of two cases against adversaries of President Trump has left the Department of Justice (DOJ) with narrow and murky paths forward if it plans to continue prosecuting them.
A federal judge on Monday threw out the charges against former FBI Director James Comey and New York Attorney General Letitia James (D) after finding that the U.S. attorney handpicked by the president to pursue the cases was unlawfully appointed.
Any official actions taken by Lindsey Halligan, the top prosecutor, amounted to “unlawfu

US stocks ended sharply higher Tuesday, building on a broad rebound fueled by growing optimism that the Federal Reserve will deliver a rate cut next month, while tech heavyweights Alphabet (GOOG, GOOGL) and Apple (AAPL) posted record highs.
The Dow Jones Industrial Average (^DJI) jumped more than 1.4%, or over 600 points, while the S&P 500 (^GSPC) rose 0.9%. The tech-heavy Nasdaq Composite (^IXIC) shook off an early slide to trade around 0.7% higher, after Monday’s session delivered a strong start to the holiday-shortened trading week.
Stocks have built on the momentum that saw the Nasdaq su

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Eric Trump, co-founder of American Bitcoin Corp. (NASDAQ:ABTC), gave a virtual tour of the company’s Bitcoin (CRYPTO: BTC) mining facility in Texas on Monday,
In a video posted on X, Trump showed around the facility, which uses “American energy” on “American soil” to mine the world’s largest cryptocurrency.
“Every single day we mine about 2% of the world’s bitcoin supply,” Trump stated. “We safeguard it every single day.”
Don’t Miss: If there was a new fund backed by Jeff Bezos offering a 7