The twoweek high on relief over the debt ceiling was reached by arrow bitcoin
The debt limit deal boosted investor sentiment and led to the highest level in over two weeks
The largest digital token increased in value by 32
Gains from smaller coins fall from the days highs
The debtceiling deal between president biden and house speaker mccarthy improves risk in global markets but congress approval is still needed to avoid a us default
Potential challenges are posed by increase in treasury yield and expectations of us monetary tightening
The fiveday winning streak gives some relief after a tough quarter
While the markets have rebounded from last years crash they are still below their record highs