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CoinGape

Bitcoin price could be an important indicator as US election kicks off

CoinGape
Summary
Nutrition label

61% Informative

Bloomberg analyst Eric Balchunas said that the Bitcoin price is a good indicator on US election day .

According to him, this is because Bitcoin was an important issue in the build-up to the election.

The Bitcoin price retested $ 70,000 as the US election kicks off.

The flagship crypto has always reached new all-time highs after every US presidential election cycle.

However, a Trump victory might still matter for other reasons.

VR Score

46

Informative language

39

Neutral language

66

Article tone

formal

Language

English

Language complexity

47

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

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