🚨 Bank of England Cuts Rates Again — $XRP , $ETH , and $SOL Surge

📢 In a move signaling a shift in global monetary policy, the Bank of England has lowered its benchmark interest rate by 25 basis points, bringing it down to 4.00%. The decision, passed by a narrow 5-4 vote, reflects a "gradual and careful" approach to combating inflation while supporting economic growth.

💬 Governor Andrew Bailey stressed the importance of measured rate cuts, while the BoE reaffirmed its commitment to the 2% inflation target.

🌐 Meanwhile, markets are reacting fast — crypto assets like XRP, ETH, and SOL rallied on the news, as investors eye potential U.S. Federal Reserve moves next.

🔑 Key Highlights:

▫️ BoE rate cut to 4.00%

▫️ Forward-looking disinflation strategy

▫️ Positive crypto market response

▫️ Market now watching the U.S. Fed’s next move

📊 This decision underscores the growing connection between central bank policies and digital asset markets. Are we seeing the early signs of a global rate-cut-driven bull cycle in crypto?

#BankofEngland #CryptoMarkets #XRP #Ethereum #Solana

https://coingape.com/xrp-eth-sol-soar-as-bank-of-england-lowers-interest-rate-is-u-s-next/?utm_source=bnb&utm_medium=coingape