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Market Cap:
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Cryptopolitan
2022-10-26 16:48:03

Bank of Canada raises rates by 50bps, trouble for crypto?

Bank of Canada raises rates by 50bps, trouble for crypto?

On Wednesday, the Bank of Canada increased its overnight lending rate for the sixth time this year. The central Bank is aiming to curb inflation. In addition, the Bank of Canada issued a warning that further rate hikes are forthcoming amidst mounting concerns that the hikes could push Canada into recession. The Bank of Canada … Bank of Canada raises rates by 50bps, trouble for crypto? Read More »

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