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Will Bitcoin and Altcoins Crash Following Bank of Japan Rate Hike This week?

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Summary
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62% Informative

Bitcoin and the altcoin market have registered strong comeback after an early sell-off on Monday .

Bitcoin price has seen massive volatility in the last 24 hours , falling under $ 100 K levels, forming a 10% god candle to an all-time high around $110K.

Altcoins market liquidations have soared to $1.24 billion of which Bitcoin liquidations are just $204 million .

Bitcoin and altcoins subject to macro developments like dropping core CPI and strong US jobs data have also contributed to the rally.

VR Score

42

Informative language

29

Neutral language

20

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formal

Language

English

Language complexity

41

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not offensive

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not hateful

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not detected

Time-value

short-lived

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