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Bitcoin and Ethereum Prices Stable Amid U.S. Debt Ceiling Talks, Tether and Circle Diversify Reserves

Bitcoin and Ethereum prices in Asia have remained stable despite ongoing debt ceiling negotiations in the US. Bitcoin has increased by 1.3% to $27,403, while Ethereum has decreased by 0.1% to $1,822. Tether and Circle have announced diversification into crypto to protect against potential US government debt default risks. The industry is eagerly awaiting the release of documents related to William Hinman's 2018 speech on crypto and securities, which could provide insight into the reasoning behind his statement that Ether is not considered a security. Additionally, upcoming events such as the Blockchain Expo North America and the FINRA Annual Conference 2023 are important for the crypto market.

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