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Bitcoin, Ethereum Recover On Debt Ceiling Deal, US Fed Pause, Easing Jobs Market

source-logo  coingape.com  + 2 more 02 June 2023 09:01, UTC

Crypto and stock markets recover as the U.S. Senate passes the Biden-McCarthy debt ceiling deal, with President Joe Biden to sign the deal and address averting debt default and the bipartisanship budget agreement tomorrow. The global crypto market cap increased 1.31% to 1.14 trillion on Friday. Bitcoin price rallied over 2% to hit a 24-hour high of $27,203, while Ethereum price also jumped over 2% to almost $1900.

coingape.com

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