Analysts said the climb was directly related to news of a deal on the debt ceiling
Bitcoin climbed to its highest level in more than two weeks amid a boost to investor sentiment from a deal on raising the US debt limit.
The largest digital token added as much 3.2 per cent on Monday and was trading at $28,182 as of 9:32am in Singapore, oscillating around its 50-day moving average. Smaller tokens ranging from Ether to Binance Coin also posted gains.
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