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Stellar Price Crashes 7% As Open Interest Nosedives

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Summary
Nutrition label

64% Informative

The XLM price continued its downtrend amid waning demand in the spot and futures market as the mood in the crypto industry sours.

Bitcoin has plunged to $ 92,000 , while the market cap of all coins has fallen by 3.5% in the last 24 hours to $3.15 trillion .

XLM ’s futures open interest and weekly transactions have fallen, pointing to more downside this week .

The daily chart shows that the Stellar price is sending mixed signals.

VR Score

44

Informative language

31

Neutral language

38

Article tone

formal

Language

English

Language complexity

33

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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