Bank of England Cuts Rates Big Bullish Signal for Crypto Coming Soon 🚀📉
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Today, the Bank of England has officially cut interest rates by 25bps, bringing the rate down to 4%. This is a very big signal for the global financial market. When a major economy like the UK starts reducing rates, it shows that inflation is becoming controlled, and now the focus is on helping the economy grow again.
This move also puts pressure on the U.S. Federal Reserve to do the same in the coming months. If the U.S. also cuts interest rates, it can bring a big bullish wave for the crypto market.
Why? Because lower interest rates mean people are more likely to invest in crypto instead of keeping money in banks. It increases money flow into assets like Bitcoin, Ethereum, and altcoins.So, this news is very positive and bullish for crypto. The coming weeks could bring a good rally if the U.S. also follows this path.
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Allah hafiz
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