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US CPI Comes In At 2.6%, Bitcoin & Altcoins To Retreat?

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Summary
Nutrition label

61% Informative

The US CPI inflation comes in at 2.6% , its first increase in eight months .

The Core CPI remained unchanged at 3.3% in October .

The hotter than anticipated data has sparked concerns over a hawkish move by the US Fed .

Besides, it also triggered discussions over its potential impact on Bitcoin and altcoin prices.

VR Score

38

Informative language

24

Neutral language

36

Article tone

formal

Language

English

Language complexity

34

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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