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Just-In: Blockchain.com CEO Warns Of Bitcoin, Crypto Selloff After Debt Ceiling Deal

source-logo  coingape.com 25 May 2023 12:51, UTC

Cryptocurrencies including Bitcoin and Ethereum can witness massive selloffs next week as the US debt default deadline nears, Blockchain.com CEO said on Thursday. Stocks and crypto prices will also fall after a debt ceiling deal as the US Treasury Department expects to issue $700 billion in Treasury bills to make up lost funds this quarter.

coingape.com