Bitcoin

<ul><li>The price of Bitcoin moved upwards with news from the US.</li><li>The US House of Representatives approved an increase in the debt limit of $1.5 trillion.</li></ul>The approval of the debt ceiling increase by the US House of Representatives has affected the price of Bitcoin. But what does this mean?<h2 id="header-0">The US House of Representatives Approves Debt Limit Increase!</h2><img src="https://academy-public.coinmarketcap.com/optimized-uploads/608b15a8e3564a2a8940d06b8a65eda0.jpeg" />Bitcoin had a turbulent day, rising to $30,000 during the day. Then, with the allegations of Mt Gox and the US transferring Bitcoin, there were sharp drops in the BTC price, and the price dropped to around $27,000. With the denial of these allegations, Bitcoin held above $28,000 again.The information from the US House of Representatives had a positive impact on the market. According to the information, the US has approved an increase in the debt limit of $1.5 trillion.With this news, the price of Bitcoin moved upwards and reached $28,739. But what does an increase in the debt limit mean?Continue Reading: <a href="https://en.coinotag.com/us-approves-raising-debt-limit-to-1-5-trillion-what-does-this-mean-for-bitcoin-traders/" rel="noopener noreferrer nofollow">https://en.coinotag.com/us-approves-raising-debt-limit-to-1-5-trillion-what-does-this-mean-for-bitcoin-traders/</a>

US approves raising debt limit to $1.5 trillion! What does this mean for Bitcoin traders?

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