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Bitcoin Slides Below $27K as Investors Eye Debt Ceiling Negotiations

Treasury Secretary Janet Yellen warned the U.S. could breach its debt limit by June 1, potentially setting off a recession in the event of default.

Updated May 17, 2023, 4:58 p.m. Published May 16, 2023, 9:21 p.m.
U.S. Treasury Secretary Janet Yellen (Photo by Chip Somodevilla/Getty Images)
U.S. Treasury Secretary Janet Yellen (Photo by Chip Somodevilla/Getty Images)