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Crypto and NFT Market Updates – May 18th

Welcome to The Daily Forkast, May 18, 2023, presented by Megha Chaddah for the latest in the crypto markets.

The US debt ceiling could be raised after hopes of reaching an agreement to avoid a default triggered gains across the board.

As the Asian equities markets trade green by noon Hong Kong time, the crypto markets continue their sideways trading.

The NFT markets have been trading flat as well, though the Forkast Polygon NFT Composite showed signs of downward trading, losing 4% by mid-day Asia.