A debt ceiling agreement appears to have been reached, but a vote is still needed. Crypto AI tokens are rising strongly.
Still some way to go to agree debt ceiling
Amid mutterings of discontent about the debt ceiling deal, especially on the Republican side, the issue is due to be put before the House. Republican lawmaker Chip Roy put it into perspective by remarking in a tweet on Sunday:
“they haven’t been educated yet on what a t*rd-sandwich this “deal” is. They will be.”
Republicans and Democrats need to get the deal voted on and passed by June 6. Should they fail to do so, a most unlikely scenario, the US government would default on its debt for the first time in history.
Crypto is a hedge out of the debt debacle
Bitcoin and crypto are receiving an advantage of the uncertainty as investors dip their feet into the asset class in order to diversify and hedge their risk.
However, it’s not the entire crypto sector that is benefiting. Bitcoin and ethereum are looking stro
We współpracy z: https://cryptodaily.co.uk/2023/05/crypto-ai-spikes-post-debt-ceiling-agreement
