Bitcoin Price Drops to $111,700 as Traders Await CPI, ECB Signals
- Bias Rating
- Reliability
60% ReliableAverage
- Policy Leaning
-48% Medium Left
- Politician Portrayal
N/A
Continue For Free
Create your free account to see the in-depth bias analytics and more.
By creating an account, you agree to our Terms and Privacy Policy, and subscribe to email updates.
Bias Score Analysis
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
6% Positive
- Liberal
| Sentence | Sentiment | Bias |
|---|---|---|
Unlock this feature by upgrading to the Pro plan. | ||
Reliability Score Analysis
Policy Leaning Analysis
Politician Portrayal Analysis
Bias Meter
Extremely
Liberal
Very
Liberal
Moderately
Liberal
Somewhat Liberal
Center
Somewhat Conservative
Moderately
Conservative
Very
Conservative
Extremely
Conservative
-100%
Liberal
100%
Conservative
Contributing sentiments towards policy:
63% : " "Bitcoin's sharp rebound above $113,000 (Rs. 99.5 lakh) underlines the resilience of investor confidence in the asset, even amid heightened market volatility.56% : Traders await CPI figures and ECB decisions Bitcoin's price dropped slightly over the past 24 hours, and the digital asset is currently priced at $111,700 (roughly Rs. 98.4 lakh), while Ethereum sits at $4,300 (roughly Rs. 3.8 lakh), as per data provided by CoinMarketCap.
54% : This rally signals that institutional and retail demand remains robust, and we may be entering a phase where Bitcoin continues to set the tone for the broader crypto ecosystem," said Avinash Shekhar, Co-Founder & CEO of Pi42 Bitcoin seems stable and locked between $111,000 (Rs. 97.8 lakh) and $113,000 (roughly Rs. 99.5 lakh) as the market awaits macro cues against stabilizing sentiment.
52% : On Indian exchanges, the prices of BTC and ETH remained steady at Rs. 98.2 lakh and Rs. 3.7 lakh, respectively. Macro Data and ETFs to Shape Near-Term Crypto Sentiment On Wednesday, Dogecoin (DOGE) was trading at $0.23 (roughly Rs. 20), while Solana (SOL) was also selling at the same price as yesterday, at $218 (roughly Rs. 19,200).
*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.
