First Mover Asia: Bitcoin Holds Steady Near $27K as Investors Weigh Debt Ceiling Developments

First Mover Asia: Bitcoin Holds Steady Near $27K as Investors Weigh Debt Ceiling Developments


Good morning. Here’s what’s happening:

Prices: Bitcoin at $26.8K maintains its debt-ceiling holding pattern.

Insights: Crypto as a hedge? The citizens in two large, emerging countries and other major significant economies seem to be turning to digital assets as their currencies struggle.

Trending: HILARIOUS: Don Lemon Is BACK!

Boring Bitcoin Slumbers Near $27K

Bitcoin held comfortably in its most recent range on Monday as investors weighed the latest developments in the U.S. debt ceiling stalemate.

The largest cryptocurrency by market capitalization was recently trading at about $26,866, up 0.4%. BTC has hovered between $26,500 and $27,500 for almost two weeks, according to

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