Crypto Markets Fluctuate Amid Debt-Deal Uncertainty
TL;DR Summary
Cryptocurrencies such as Bitcoin, Ethereum, and Dogecoin have dropped slightly after the post-debt ceiling deal rally fizzled out. However, blockchain data indicates that short-term holders are moving BTC at a profit, indicating a promising future for Bitcoin. The global crypto market capitalization currently stands at $1.16 trillion, a decrease of 1.09% over the last day. Meanwhile, stock futures spiked following news of a tentative agreement between the Biden administration and Republican lawmakers on raising the U.S. debt ceiling.
- Bitcoin, Ethereum, Dogecoin Drop As Debt-Deal Rally Fizzles Benzinga
- Bitcoin erodes 4% gains as BTC price downside targets stretch to $23K Cointelegraph
- XRP leads flat market with 5% gains: CryptoSlate wMarket Update CryptoSlate
- Bitcoin, Ethereum, and Dogecoin Jump on Debt Ceiling Deal The Motley Fool
- Bitcoin Charted 3-Week High as Crypto Markets Added $30B Overnight (Market Watch) CryptoPotato
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