Cryptocurrencies and stocks dropped as concerns about the American economy continued. The BTC/USD pair dropped to a low of 26,162 on Thursday morning, lower than this year’s high of $31,000. Similarly, the Dow Jones and Nasdaq 100 indices dropped by more than 0.50%. US debt ceiling concerns The main reason why the BTC/USD pair dropped was the ongoing concerns about the American debt limit issue. Democrats and Republican negotiators have struggled to come up with a solution to keep the government funded in the coming days. As a result, there are concerns that the US, which holds over $31 trillion of debt, could ... (full story)