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Breaking: Bitcoin Price Soars Despite US PPI Dampens Crypto Market Sentiment

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Summary
Nutrition label

59% Informative

Labor Department reported that the US PPI comes in at 3.5% , up from December 's reading of 3.3% .

Core PPI, which excludes food and energy prices, came in as 3.4% as compared to December ’s figure of 33% on a year-over-year basis (YoY) Inflation on a monthly basis came in at 0.4% , up from 0.2% recorded in the prior month .

Bitcoin price soars 2% despite the latest data exceeding Wall Street expectations.

VR Score

38

Informative language

26

Neutral language

14

Article tone

formal

Language

English

Language complexity

30

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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