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U.S. debt ceiling discussions building pressure on BTC price.
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No extraordinary price movements in Bitcoin are expected by the analysts before halving.
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Bitcoin price might go lower if the debt ceiling situation prolongs, says Brent Xu.
bitcoin Although positive unemployment and GDP data relieved investors, the fear of debt ceiling issues have kept investors on their toes.
Debt Ceiling Issues Affect Bitcoin
Issues and fears related to the debt ceiling have kept Bitcoin below $26,500. For almost a long time, Bitcoin consolidated in a range before slipping near the $26K area. Bitcoin, which is the largest cryptocurrency …
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