No Deal From Friday's Debt Ceiling Talks May Likely Trigger Bitcoin Rally

Crypto Market News: Republican Kevin Hern said the debt ceiling deal will likely be reached by Friday afternoon, after which the financial markets could see massive volatility. On Thursday, traders anticipated for positive indications from the negotiations, while no positive developments emerged since top Republican Kevin McCarthy’s Monday meeting with US President Joe Biden. Also, the Personal Consumption Expenditures (PCE) Price Index, which gauges the rates at which consumers purchase goods and services, is also due on Friday.