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Bitcoin Price Flashes Brilliance As China Increases Gold Holdings By Five Tonnes

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Summary
Nutrition label

63% Informative

China has increased its gold reserves by a country mile over the last month .

The push for gold is triggering unintended consequences for Bitcoin price, with BTC comfortably holding the $ 85 K mark.

Gold is trading at $ 3,326 after adding nearly $100 over last week .

The surge in gold prices stems from renewed institutional interest, with China leading the charge.

Bitcoin price is holding up in strong show of strength amid macroeconomic tensions.

VR Score

44

Informative language

33

Neutral language

27

Article tone

formal

Language

English

Language complexity

41

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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