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Crypto Update | Debt Ceiling Impacts, Banking Struggles and What's Next After Bitcoin's Retreat

Markets Outlook

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The US Federal Government Hits Their Self-Implied Debt Ceiling

Brent and crewed the global benchmark for oil took a steep tumble, dropping down 4.8%. Gold also fell, losing 2.1%, trading at $194 per Troyoz. Japan's Nikai 225, meanwhile, bucked the trend and gained a third of a point. US federal government is once again going through its every few years ritual of having spent so much money beyond what they're willing to tax you an eye for.

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