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May 26, 2023 by BitcoinGuide.com

BTC and Sub-$25,500 Hinged on US Inflation and Debt Ceiling Talks

BTC and Sub-$25,500 Hinged on US Inflation and Debt Ceiling Talks

On Thursday, BTC gained 0.58% to end the day at $26,498. Reports of progress toward raising the US debt ceiling and crypto news from China limited the impact of a jump in hawkish Fed bets for June. However, the technical indicators remain bearish, signaling a fall to sub-$25,000.

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