European Central Bank, Bank of Canada Cut Interest Rates: Crypto Market Impact

The European Central Bank (ECB) and the Bank of Canada (BoC) have cut interest rates, marking a pivotal shift in monetary policy. The ECB reduced its key rate to 3.75% from 4%, a move anticipated by markets despite ongoing inflationary pressures in the eurozone. Meanwhile, the BoC lowered its key policy rate to 4.75% from 5%, becoming the first G7 nation to do so in the current... source: https://beincrypto.com/europe-canada-cut-interest-rates-crypto-market/