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CoinGape

Bitcoin Coinbase Premium Index Flips Bullish, Here's Price Reaction

CoinGape
Summary
Nutrition label

66% Informative

The Bitcoin (BTC) Coinbase Premium Index is flashing positive readings for the first time this year and since at least December 16 .

Since the 72-hour timeframe, BTC price has jumped by 4% , edged closer to $ 100,000 , a move that aligns with historical contexts.

Bitcoin ’s 14-day Simple Moving Average also flipped positive 3 days ago .

The digital currency ecosystem in the United States is already reacting to the incoming inauguration of self-proclaimed Bitcoin President Donald Trump .

At the time of writing, Bitcoin was changing hands for $ 102,217.34 , up 3.78% in the past 24 hours .

VR Score

45

Informative language

32

Neutral language

42

Article tone

formal

Language

English

Language complexity

42

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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