U.S. Dollar Plummets, Bitcoin Surges
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rate hikeReuters
•Dollar hovers near 3-week high before Fed; bitcoin tops $105,000
79% Informative
The U.S. dollar index was steady at 106.86 as of 0053 GMT , after rising to 107.18 on Friday .
Bitcoin soared above $105,000 for the first time, buoyed by signs President-elect Donald Trump will go ahead with a potential strategic bitcoin reserve.
The yen struggled to recover following its worst week since September after the Bank of Japan is leaning towards forgoing a rate hike.
VR Score
90
Informative language
95
Neutral language
81
Article tone
formal
Language
English
Language complexity
40
Offensive language
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Hate speech
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Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
no external sources
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