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US Debt Ceiling Negotiations Stall, Crypto Market Sees 1.32% Growth in Market Capitalization

As the US debt ceiling negotiations continue, the combined digital currency market capitalization has grown by 1.32% to reach $1.14 trillion. President Biden and House Speaker Kevin McCarthy have held discussions, but no major agreement has been reached yet. President Biden has made it clear that he will not support any debt deal that benefits wealthy crypto traders at the expense of other Americans.

Although the digital currency market has recovered from a slow start to the week, there is still uncertainty about the short-term outlook. Additionally, the crypto market is being impacted by concerns about a potential US government debt default, while those looking for crypto presale projects to invest in for 2023 can check out our updated list and join our recommended Telegram channels for the latest news and discussions.


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