All
Contribute!
BlockchainCrypto MarketCryptocurrency

ECB Rate hike verdict is 50bps, Bitcoin stands firm just below $25k

CoinSurges
By CoinSurges

Share This Post

Quick Take

  • The ECB raised the deposit facility rate by 50 bps to 3%.
  • Before the collapse of SVB and the fallout of Credit Suisse, markets were expecting a 50bps rate hike from the ECB; however, moments before the decision, markets saw a 35% probability of a 50bps hike.
ECB Deposit Rate: (Source: Fred)
ECB Deposit Rate: (Source: Fred)
Currencies: (Source: Trading View)
Currencies: (Source: Trading View)

The post ECB Rate hike verdict is 50bps, Bitcoin stands firm just below $25k appeared first on CryptoSlate.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Bitcoin ETFs see $380 net inflow in 2 days with BlackRock leading the charge

Bitcoin exchange-traded funds (ETFs) showed mixed activity over the past two days, following a net outflow of $791 million on Oct 22 that ended a seven-day inflow streak totaling over $24 billion

Did Hackers Compromise US Government Crypto? $20M in Suspicious Activity

In a new update from Arkham Intelligence, it seems that crypto wallets linked to the US government may have been compromised, losing around $20 million According to Arkham, the bulk of the funds,

XRP News: Gold Advocate Backs Ripple, Says it Will Skyrocket After ‘SEC Nonsense’ is Cleared

The post XRP News: Gold Advocate Backs Ripple, Says it Will Skyrocket After ‘SEC Nonsense’ is Cleared appeared first on Coinpedia Fintech News Andy Schectman, President and Owner of Miles

Why Ethereum is Down Today? Is Institutional Demand Shifting to Bitcoin?

The post Why Ethereum is Down Today Is Institutional Demand Shifting to Bitcoin appeared first on Coinpedia Fintech News After an unsuccessful attempt to break through the resistance level of around

Tron Blockchain Analysis : How Meme Coins are Driving Its Dominance

The post Tron Blockchain Analysis : How Meme Coins are Driving Its Dominance appeared first on Coinpedia Fintech News With an 840% dominance, Tron is the second-largest blockchain after Ethereum,

Crypto Gurus Are Backing A Memecoin Supercycle But 1 Utility Token Might Outperform The Likes Of Dogwifhat & BONK

The post Crypto Gurus Are Backing A Memecoin Supercycle But 1 Utility Token Might Outperform The Likes Of Dogwifhat & BONK appeared first on Coinpedia Fintech News Dogwifhat and Bonk are seeing
Previous article
The metaverse strikes back
Next article
Euler Finance Hacker Takes The Risky Road, Launders Looted Funds Through Crypto Mixer

Categories:

Hot right now:

Company:

Follow on:

Crypto Coin Live Stats

Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.