#BitwiseBitcoinETF ⚡ Market decline is cancelled!

Yesterday's decline began against the backdrop of another potential US default: the debt ceiling was reached.

Donald Trump insisted on either increasing or canceling the ceiling, thereby pushing the US government to a shutdown.

As a result, the House of Representatives approved a plan to increase the national debt by mid-March 2025. Joe Biden is ready to sign the bill. That's why we saw a rebound.

The plan is to be considered by the US Senate next week.