US Debt Ceiling Deal and Bitcoin Surges: Implications for SHIB Price Prediction

TL;DR Summary
Shiba Inu has gained 3% in 24 hours, with predictions suggesting that the US debt ceiling deal could propel the cryptocurrency to $1. The US House of Representatives has passed a bill to raise the debt ceiling, preventing a potential default on the country's financial obligations. Shiba Inu is currently trading at approximately 0.00000879, with a strong bullish sentiment prevailing in the market. The 50-day exponential moving average serves as a reliable support level, and a decisive break above this level signifies the potential for continued upward movement.
Topics:business#cryptocurrency#cryptocurrency-market#price-prediction#shiba-inu#trading#us-debt-ceiling-deal
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- US debt ceiling action switches to Congress Financial Times
- Analyzing the history of US debt and potential effects of a default on the crypto market CryptoSlate
- Bitcoin sees capital inflow as Biden, McCarthy agree to raise US debt ceiling FXStreet
- View Full Coverage on Google News
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