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Reuters

Reuters

In El Salvador, crypto investors cheer Trump-powered Bitcoin rally

Reuters
Summary
Nutrition label

77% Informative

Dozens of 'bitcoiners' met at the Adopting Bitcoin conference just outside the Salvadoran capital.

President Nayib Bukele made El Salvador the first country in the world to establish Bitcoin as legal tender.

The decision drew criticism from the International Monetary Fund , with whom the country is negotiating a $1.3 billion loan.

Bitcoin rallied to an all-time high after Donald Trump secured his new term in office.

VR Score

85

Informative language

89

Neutral language

70

Article tone

formal

Language

English

Language complexity

55

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

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