“The debt ceiling never used to be an issue and was always raised without much fight. But then, in 2011, it became a huge issue and the economy took a hit that lasted for a few months, and the Federal credit rating was downgraded. While most politicians should remember that time, or at least understand their recent history, this time might also be different because this group of House Republicans is clearly looking to shake things up,” Wes Hansen, director of trading and operations at crypto fund Arca, said in an email.
Crypto Observers Maintain Risk On Bias as US Debt Ceiling Nears
