logo
welcome
Global News

Global News

Bitcoin surges to record high after Trump win, but short traders lose billions - National | Globalnews.ca

Global News
Summary
Nutrition label

78% Informative

Short sellers of cryptocurrency and blockchain-related stocks have suffered heavy losses since Nov. 6 .

Bitcoin BTC= soared to a record high above $82,000 on Monday , with a nearly 19% jump since November 6 .

Trump embraced digital assets during his campaign, promising to accumulate a national stockpile of bitcoin and make the United States the “crypto capital of the planet”.

VR Score

86

Informative language

90

Neutral language

71

Article tone

formal

Language

English

Language complexity

63

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links