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Biden to Meet with McCarthy to Restart Debt Ceiling Talks, Potential Ripple Effects on Crypto Market

US President Joe Biden is set to meet with Republican Kevin McCarthy to discuss the debt ceiling deal talks, which will determine whether the US government will default on some of its debts or not.

This could have ripple effects on the financial market and potentially cause volatility in the crypto market. If a deal is not reached, Bitcoin price could see an immediate jump as it is considered a safe bet with high returns in uncertain times. 

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