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Crypto, the Fed and the debt ceiling: Why Bitcoin, Ethereum, and Litecoin are falling today

Crypto, the Fed and the debt ceiling: Why Bitcoin, Ethereum, and Litecoin are falling today

Several of the largest cryptocurrencies fell today in what appeared to be a move driven by macro fears, uncertainty about the debt ceiling, and ahead of the release of the Federal Reserve’s May meeting minutes today. Since late afternoon yesterday, the price of the world’s largest cryptocurrency Bitcoin (CRYPTO: BTC) traded 3% lower as of 11:45 a.m.








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