Cryptos Trend Higher in the Wake of Successful Debt Ceiling Deal
Published in
4 min readJun 4, 2023
The cryptocurrency market experienced a surge in prices at the end of the week, following the passage of a debt ceiling deal by both houses of Congress and its anticipated signing by President Joe Biden. This positive development alleviated downward pressure on asset prices and boosted investor sentiment. In addition, strong nonfarm payroll jobs data contributed to the overall…