Bitcoin Flat at $19K as ECB Raises Interest Rates by 75 Basis Points

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Bitcoin Flat at $19K as ECB Raises Interest Rates by 75 Basis Points
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Bitcoin stands still despite the ECB's decision to increase the interest rates by an unprecedented percentage.

Bitcoin stands still despite the ECB’s decision to increase the interest rates by an unprecedented percentage.

Unlike the Fed’s interest rate hikes, though, this one has had no real impact on BTC’s price, at least for now. However, the central banking authority changed its tune earlier this year by raising the interest rates by 50 basis points.the key interest rates by 75 basis points – the largest percentage in the bank’s history.

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