Bitcoin's Price Struggles Amid Debt Ceiling Concerns and Bearish Predictions.
Bitcoin remains below $26,500 as investors are concerned about the ongoing debt limit stalemate in the US government. The largest cryptocurrency has lost some of its 2023 gains in recent weeks due to macroeconomic uncertainties. Ether is up roughly 0.3% from Wednesday, while most other major cryptos assumed faint shades of green. The debt limit negotiations remain at the center of many market observers' radars, and investors and traders are being cautious with their capital due to macro and political uncertainty.