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Bitcoin bulls failed to hold above $100K levels signaling persistent market weakness

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Summary
Nutrition label

59% Informative

Bitcoin bulls failed to hold above $100 K levels signaling persistent market weakness.

Former BitMEX CEO Arthur Hayes identified declining US fiscal deficits negatively impacting USD liquidity.

Bitcoin price has corrected another 2% in the last 24 hours and is flirting around $97,500 , with daily trading volumes dropping 20% to $64.3 billion .

Bitcoin and altcoins have witnessed sharp volatility after a heavy market crash earlier this week .

VR Score

46

Informative language

41

Neutral language

9

Article tone

formal

Language

English

Language complexity

45

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

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