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Why Bitcoin and Ethereum Price Are Falling Today?

CoinGape
Summary
Nutrition label

62% Informative

Bitcoin (BTC) price is around the significant $ 95k mark while ETH ( ETH ) is struggling to surge past $2,800 .

Bitcoin and ETH prices have the potential to reach new highs, despite the current downtrend.

The recent Bybit hack, which resulted in a loss of $1.4 billion in ETH , has had a critical impact on the crypto market, pulling down prices.

The crypto market has experienced another downturn, with a 1.65% drop in total market cap to $3.15 trillion .

VR Score

38

Informative language

23

Neutral language

32

Article tone

formal

Language

English

Language complexity

45

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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