Crypto Market Primed for Bull Run as Bitcoin and Ethereum Surge.

The recent surge in Bitcoin and Ethereum prices has been attributed to the U.S. debt ceiling deal, but markets are now nervously eyeing the issuance of nearly $1.1 trillion in new Treasury bills, potentially sucking hundreds of billions of dollars from the market. Analysts warn that this could create an environment where markets are crash-prone. Additionally, economic data out this week could cue up further Federal Reserve interest rate hikes, which may hinder Bitcoin's weekend rally.