Crypto Update | Debt Ceiling Impacts, Banking Struggles and What's Next After Bitcoin's Retreat
Markets Outlook
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The Debt Ceiling and the Banking Crisis of 2023
The debt ceiling was formally reached several months ago at the end of January. Depending on who you talk to, you'll hear anything from June to September. Cumulative tax payment numbers reported last week show that receipts are down nearly 30%. The monetary policy-driven banking crisis of 2023 continues to simmer beneath headlines.
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