Forbes Article Rating

'Absolute Game Changer' -- Congress Introduces Radical Bitcoin Bill As Trump Primes Price For A $100 Trillion Surge To Replace Gold

Jul 28, 2024 View Original Article
  • Bias Rating

    10% Center

  • Reliability

    70% ReliableGood

  • Policy Leaning

    12% Somewhat Conservative

  • Politician Portrayal

    18% Positive

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

Overall Sentiment

33% Positive

  •   Liberal
  •   Conservative
SentenceSentimentBias
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Bias Meter

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Bias Meter

Contributing sentiments towards policy:

57% : Now, after Trump promised to create a "strategic national bitcoin reserve" and predicted bitcoin could eclipse gold's $16 trillion market capitalization, U.S. senator Cynthia Lummis (R-WY) has introduced a bill to direct the U.S. Treasury to purchase 1 million bitcoins worth almost $70 billion -- while MicroStrategy's Michael Saylor has upped his huge bitcoin price prediction.
55% : "Soon [bitcoin] will be surpassing the entire market cap of silver," Trump said.
50% : Sign up now for the free CryptoCodex -- A daily five-minute newsletter for traders, investors and the crypto-curious that will get you up to date and keep you ahead of the bitcoin and crypto market bull run"If I am elected, it will be the policy of my administration, United States of America, to keep 100% of all the bitcoin the U.S. government currently holds or acquires into the future, we'll keep 100%," Trump said during his Saturday speech at Bitcoin 2024.
43% : The bitcoin price has climbed almost 20% since Trump was revealed to be the headline speaker at the Bitcoin 2024 conference in Nashville, Tennessee, with billionaire investor Mark Cuban issuing a "crazy" bitcoin price prediction.
35% : "Wild rumors had swirled all week that Trump could announce he'd create a U.S. bitcoin strategic reserve during the bitcoin conference, with analysts comparing it to both the U.S.'s gold and oil reserves.

*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.

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