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How Will Bitcoin Price Perform As Oil Jumps 5% Ahead of FOMC Meet This Week

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Summary
Nutrition label

67% Informative

Bitcoin price holds firm above the top its re-accumulation range hinting strong bullish sentiment.

Analysts anticipate potential market impacts from rising oil prices, which could hit $ 130 per barrel.

Meanwhile, gold has reached a record high of $ 3,433 per ounce amid rising geopolitical tensions.

All eyes will be on the crucial FOMC meeting this week and the Fed rate cut decision.

VR Score

51

Informative language

40

Neutral language

36

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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