Bitcoin rocketed past $15,000 Thursday. Photo: Rick Bowmer / AP

Bitcoin rocketed past the $19,000 mark Thursday morning, before falling sharply to $15,000 around where it stayed for most of the afternoon. The surge continues what's been a remarkable week for the digital currency, which broke $13,000 Wednesday. Bitcoin now has a market value of more than $270 billion, per CNBC, meaning it would rank among the 20 largest stocks in the S&P 500.

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Data: CoinDesk; Chart: Axios Visuals

Why it matters: Bitcoin, which began the year below $1,000, has had a wild streak in recent weeks, leading Wall Street to jump into the ring on Friday. And while some currency experts warn that the Bitcoin's recent price surge has created a bubble, others argue its success is due to delayed recognition by the broader financial community that cryptocurrencies are becoming mainstream.

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Pundits react to a chaotic debate: “What a dark event we just witnessed”

The first presidential debate between President Trump and Joe Biden in Cleveland on Tuesday night was a shouting match, punctuated by interruptions and hallmarked by name-calling.

Why it matters: If Trump aimed to make the debate as chaotic as possible with a torrent of disruptions, he succeeded. Pundits struggled to make sense of what they saw, and it's tough to imagine that the American people were able to either.

Trump to far-right Proud Boys: "Stand back and stand by"

Asked to condemn white supremacist violence at the first presidential debate on Tuesday, President Trump said the far-right Proud Boys group should "stand back and stand by," before immediately arguing that violence in the U.S. "is not a right-wing problem. This is a left-wing problem."

Why it matters: Trump has repeatedly been accused of failing to condemn white nationalism and right-wing violence, despite the FBI's assessment that it's the most significant domestic terrorism threat that the country faces. The president has frequently associated antifa and the left-wing violence that has afflicted some U.S. cities with Biden, despite his condemnation of violent protests.

Mike Allen, author of AM
2 hours ago - Politics & Policy

The first Trump v. Biden presidential debate was a hot mess

Photos: Jim Watson and Saul Loeb/AFP via Getty Images

This debate was like the country: Everybody’s talking. Nobody’s listening. Nothing is learned. It’s a mess.

  • We were told President Trump would be savage. Turned out, that was a gross understatement. Even the moderator, Fox News' Chris Wallace, got bulldozed.

Why it matters: Honestly, who the hell knows?