Bitcoin, Ethereum, Dogecoin Rise Despite No Deal On Debt Ceiling: Analyst Who Predicted May 2021 Collapse Says This Could Be The Next Level For King Crypto
Portfolio Pulse from Mehab Qureshi
Major cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin, posted gains on Monday evening despite the ongoing US debt ceiling crisis. The global crypto market capitalization increased by 1.52% to $1.13 trillion. Analysts predict significant volatility for Bitcoin in the coming week.

May 23, 2023 | 2:57 am
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NEUTRAL IMPACT
Bitcoin posted gains despite the US debt ceiling crisis, with analysts predicting significant volatility in the coming week.
Bitcoin's price increased despite the ongoing US debt ceiling crisis, indicating that the cryptocurrency may be resilient to macroeconomic uncertainties. However, analysts predict significant volatility in the coming week, which could impact the short-term price direction.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Dogecoin posted gains on Monday evening despite the ongoing US debt ceiling crisis.
Dogecoin's price increased despite the ongoing US debt ceiling crisis, indicating that the cryptocurrency may be resilient to macroeconomic uncertainties. However, the potential volatility in the crypto market could impact the short-term price direction.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
Ethereum posted gains on Monday evening despite the ongoing US debt ceiling crisis.
Ethereum's price increased despite the ongoing US debt ceiling crisis, indicating that the cryptocurrency may be resilient to macroeconomic uncertainties. However, the potential volatility in the crypto market could impact the short-term price direction.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80