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Bitcoin falls ahead of debt ceiling vote, caps its first losing month of the year

by Editor May 31, 2023, 10:38 pm 1.3k Views

Bitcoin falls ahead of debt ceiling vote, caps its first losing month of the year

More than $1.3 trillion was wiped off the cryptocurrency market in 2022 as the fallout from the FTX collapse weighed on investor confidence.

CFOTO | Future Publishing | Getty Images

Bitcoin fell Wednesday to cap its first down month of the year as optimism around the debt ceiling rally fizzled.

The crypto market leader lost 2.77% to trade at $27,057.81, according to Coin Metrics. Ether slipped 2.2% to $1,865.82.

Both cryptocurrencies posted their…

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