First Mover Americas: Bitcoin Rebounds Amid Optimism on Debt-Ceiling

First Mover Americas: Bitcoin Rebounds Amid Optimism on Debt-Ceiling


This article originally appeared in First Mover, CoinDesk’s daily newsletter putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day.

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Bitcoin is up on Thursday after gaining ground late Wednesday alongside a rally in U.S. equity markets on optimism that a debt-ceiling deal will be reached in the upcoming days. The world’s largest cryptocurrency by market value began its rise Wednesday after touching a weekly low of $26,500. At press time, BTC was trading at around $27,400, up 3% on the day. Following a meeting at the White House,

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