Bitcoin (BTC) price is up 2%, with the rest of the crypto market flashing green in what can easily be assumed to be a weekend rally. However, the capital inflow comes after US President Joe Biden and Republican Kevin McCarthy reached the "agreement in principle" to raise the federal government's multi-trillion dollar debt ceiling. Bitcoin (BTC) has recorded a capital inflow after United States President Joe Biden and Republican Kevin McCarthy reportedly reached an "agreement in principle" to raise the $31.4 trillion debt ceiling. {tweet} The development comes amid burgeoning concerns of a potential default by ... (full story)