How did the debt ceiling standoff affect the crypto market in May?
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How did the debt ceiling standoff affect the crypto market in May?

How did the debt ceiling standoff affect the crypto market in May?

Markets have tumbled in fear of a default crisis in the U.

S. ; President Joe Biden and top congressional Republican Kevin McCarthy are closing in on a deal raising the government’s $31.

4 trillion debt ceiling for two years while capping spending on most items.

Regulatory headwinds pushed two of the world’s largest market makers to withdraw.

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