welcome
CNBC

CNBC

Business

Business & Economics

Bitcoin falls over 5% as volatility continues after Trump's bitcoin reserve plan

CNBC
Summary
Nutrition label

72% Informative

Bitcoin, ether and XRP all declined as volatility in the price of the world's largest cryptocurrency continues following an executive order signed by President Donald Trump to create a strategic bitcoin reserve for the United States .

The reserve will be funded by coins that have been seized in criminal and civil forfeiture cases and there are no plans for the U.S. government to buy more bitcoin.

VR Score

79

Informative language

81

Neutral language

67

Article tone

formal

Language

English

Language complexity

51

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links