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Bitcoin Price CrashCoinGape
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60% Informative
Bitcoin price slipped nearly 4% today , indicating muted interest from the investors.
Bitcoin miners continue to sell their holdings, weighing on the broader market sentiment.
US inflation data shows a spike in the prices, sparking concerns among investors over a potential hawkish move by the Federal Reserve .
US Spot Bitcoin ETF has noted robust inflow over last few days , sparking market optimism.
Bitcoin Futures’ Open Interest fell more than 3% , indicating a muted interest from the market participants.
In a recent X post, Ali Martinez said that $5.42 billion in Bitcoin profits had been realized as the price surged earlier.
This also put the sell-side risk ratio to 0.524% , highlighting caution for the investors.
Peter Brandt has recently said that BTC is poised to hit $ 327 K in the coming days .
VR Score
43
Informative language
36
Neutral language
46
Article tone
formal
Language
English
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44
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Attention-grabbing headline
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Time-value
short-lived
External references
3
Source diversity
3
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