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US Fed Rate Cut To Weight On Dollar, Will It Spark Bitcoin Rally?

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Summary
Nutrition label

69% Informative

Peter Schiff calls the planned September rate cut a mistake.

This comes as the US Dollar hits a 13-year low against the Swiss franc .

Declining inflation marked by a fall in consumer prices increased momentum towards an imminent Fed rate cut.

Bitcoin price stands at $ 61,415 , a 2.4% decline in the last 24 hours .

VR Score

57

Informative language

47

Neutral language

56

Article tone

formal

Language

English

Language complexity

37

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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no affiliate links