Home Cryptocurrency Bitcoin price is being ignored as Bank of Canada signals pause for rate hike cycle

Bitcoin price is being ignored as Bank of Canada signals pause for rate hike cycle

by SuperiorInvest

This sharply tighter monetary policy by the Fed, BoC and other Western central banks was an important factor in Bitcoin’s brutal bear market last year, which saw the price drop from just $50,000 to nearly $15,000 before closing 2022 at $16,500.

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