Sentiment: Negative
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Short term crypto outlook turns negative as U.S. passes Debt Ceiling Bill
By James Van Straten at 2025-03-18 11:45
Sentiment: Negative
Quick Take The U.S. House of Representatives passed the Debt Ceiling Bill on June 1. This provision will enable the U.S. government to continue spending indefinitely until January 2025. The total federal debt is projected to increase to $36 trillion from $31 trillion, per The Kobessi Letter. In the short term, cryptocurrencies may encounter sell-side […] The post Short term crypto outlook turns negative as U.S. passes Debt Ceiling Bill appeared first on CryptoSlate. Continue reading...
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