logo
welcome
CoinGape

CoinGape

Business

Business & Economics

Bitcoin Price Crash: Why is BTC Down Today?

CoinGape
Summary
Nutrition label

71% Informative

Bitcoin price has dropped by more than 2% in 24 hours after massive early trading surge.

Bitcoin price dropped slightly below the $96,000 mark at the time of writing.

With institutional interest sustained, the coin has a prospect of rebounding.

Bybit exploit that saw a $1.4 billion drained forced Bitcoin price to lose pace.

VR Score

55

Informative language

44

Neutral language

67

Article tone

formal

Language

English

Language complexity

34

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Affiliate links

no affiliate links