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Reuters

Reuters

Bitcoin surges above $106,000 on strategic reserve hopes

Reuters
Summary
Nutrition label

73% Informative

Bitcoin hits record high above $106,000 in early Asian trade on Monday .

Comments from President-elect Donald Trump suggested he plans to create a U.S. bitcoin strategic reserve similar to its strategic oil reserve.

Bitcoin has surged more than 50% since the Nov. 5 election that saw Trump elected along with many other pro-crypto candidates.

VR Score

81

Informative language

86

Neutral language

38

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

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links