'It's Inevitable' -- Bitcoin Price Suddenly Soars On Wild Rumors Donald Trump Will Create A U.S. Bitcoin Strategic Reserve
- Bias Rating
-10% Center
- Reliability
80% ReliableGood
- Policy Leaning
-10% Center
- Politician Portrayal
-19% Negative
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The A.I. bias rating includes policy and politician portrayal leanings based on the author’s tone found in the article using machine learning. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral.
Sentiments
24% Positive
- Liberal
- Conservative
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Contributing sentiments towards policy:
73% : The fundraiser will be hosted by conference organizer David Bailey, it was reported by the Washington Post, who has repeatedly met with Trump and has said Trump's speech at the event will be "the most consequential political event in bitcoin's history and a defining cultural moment for our society.68% : Mike Perry Results: KO Highlight And Reaction Viral 'KO Of The Year' Steals The Show At Jake Paul-Mike Perry Event UFC Vegas 94 Results: Fighter Scores Viral KO Following 38-Punch Combo "There is speculation that Trump may announce the establishment of a U.S. bitcoin strategic reserve during the Bitcoin 2024 conference in Nashville," Markus Thielen, the chief executive of institutional-focused analysis company 10x Research, said in an emailed note to clients that highlighted the bitcoin price rocketed almost 1,900% during Trump's first term.
63% : And Crypto SwingsBy Billy Bambrough Sign up now for CryptoCodex -- A free, daily newsletter for the crypto-curious This week, Trump issued an invitation to attendees of the Bitcoin 2024 conference to a private fund-raiser that includes a near-$845,000 per person seat at a round table event, it was reported by Bloomberg.
48% : "Getting more and more confirmations that these rumors maybe true," Simon Dixon, founder of the BnkToTheFuture investment platform, posted to X. In response, Ari Paul, chief investment officer at crypto hedge fund BlockTower Capital, put the odds of the U.S. creating a bitcoin strategic reserve in the next four years at 10 to one, adding it's "plausible to me that Trump might say it, which would be very bullish for bitcoin medium time frame" and that if Wall Street "actually believed it would happen, then instant moon" -- referring to a popular bitcoin meme that means the bitcoin price climbing rapidly.
46% : Earlier, Dennis Porter, the chief executive of the Satoshi Action Fund regulatory lobby group, posted to X that Trump will "announce a USA bitcoin strategic reserve in Nashville," citing unnamed, anonymous sources.
45% : Now, after Trump revealed a JPMorgan bitcoin bombshell, wild rumors are swirling that Trump could announce he'd create a U.S. bitcoin strategic reserve during his much-hyped appearance at the Bitcoin 2024 conference in Nashville next week -- something that could trigger a bitcoin price "instant moon.
*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.