Bank of England Cuts Rates
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•Breaking: Bank of England Cuts Interest Rate First Time in 4-Years, Bitcoin Recovery Soon?
70% Informative
Bitcoin and altcoins stage minor recovery from the day 's lows amid liquidity optimism.
BoE governor Andrew Bailey , however, said that they won't be cutting rates too-often going ahead.
This is a positive development for Bitcoin and the entire crypto industry as it sets the ball rolling for further liquidity easing, and the Fed to follow with a similar decision next month in September .
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