Bitcoin (BTC) surged by over $1,000 to reach a three-week high after the US government announced a deal on the debt ceiling. Ethereum (ETH) also saw gains, reaching $1,900 for the first time since early May. BTC had been trading sideways for most of the previous week, but jumped on Monday to near $28,500, its highest price since May 8. The total crypto market cap exceeded $1.170 trillion, with gains seen across the top 10 altcoins.
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Bitcoin Jumps Over $1,000 After US Government Reaches Debt Ceiling Deal, ETH Hits Three-Week High
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