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Business & Economics

Crypto Market This Week: BTC Rebounds Ahead of FOMC, Macro Heat Over?

CoinGape
Summary
Nutrition label

71% Informative

Bitcoin (BTC) price recovered from a $ 76 K low to reach $ 84 K right ahead of the U.S. FOMC next week .

Cantor Fitzgerald launched a $2 billion Bitcoin financing business, partnering with Anchorage Digital and Copper for secure institutional access.

Cathie Wood’s Ark Invest expanded its Bitcoin holdings, accumulating 997 BTC worth $80 million via Coinbase this week .

The global cryptocurrency market cap again embarked upon a trajectory towards the $3 trillion mark.

VR Score

61

Informative language

54

Neutral language

46

Article tone

formal

Language

English

Language complexity

46

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not offensive

Hate speech

not hateful

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not detected

Known propaganda techniques

not detected

Time-value

short-lived

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