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Bitcoin Hovers Around $26.5K Amid April Inflation Data, Debt Ceiling Talks

Brett Sifling, Director of Get Invested at Gerber Kawasaki, joins "First Mover" to discuss how the crypto markets are responding to the ongoing debt ceiling negotiations in Washington as April PCE data reveals that the gauge increased 4.7% on an annual basis. This comes as crypto conglomerate Digital Currency Group (DCG) is closing down its trade execution and prime brokerage services unit TradeBlock amid uncertainties across the markets and the regulatory front. DCG is the parent company of CoinDesk.

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Рынки

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