Australia follows suit with other nations in hiking interest rates to combat inflation. The aggressive approach of central banks throughout the world is still present. The governments of many economies have recently announced back-to-back increases in interest rates, with Australia being the most recent to do so. The Board agreed to raise the cash rate […]
Interest rate
BTC, DOGE and Other Crypto React as Numera Predicts 100BPS Rate Hike
The biggest cryptocurrencies have continued to plummet, as the price of Bitcoin (BTC) fell to $20,600354. The increased weakening of Bitcoin has been devastating for cryptocurrencies like Dogecoin (DOGE), Cardano (ADA), XRP, and others. Early on Tuesday, cryptocurrency prices fell precipitously as a result of higher-than-expected consumer price index (CPI) statistics. The market anticipates that the US […]