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CoinGape

Why Is Bitcoin Facing a Price Fall?

CoinGape
Summary
Nutrition label

64% Informative

Bitcoin price fell over 3% amid panic selling by investors, triggered by Asian investors.

Initial panic selling came after the Japanese Nikkei 225 index slid nearly 5% as upcoming Prime Minister Shigeru Ishiba called for elections in October end.

Major altcoins are comparatively showing stronger resistance to fall amid altseason sentiment.

The overall sentiment remains strong as the Crypto Fear & Greed Index stays in “greed” at 61 today .

VR Score

40

Informative language

23

Neutral language

67

Article tone

formal

Language

English

Language complexity

47

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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