Crypto-Follow logo Crypto-Follow logo
cryptonews 2022-04-14 14:57:00

Bitcoin Fluctuates as European Central Bank Offers Cautious Tone on Monetary Policy Tightening

The European Central Bank (ECB) said it will stick to its plan to end its stimulus program and tighten monetary policy, but kept options open in light of uncertainty over the economic impact of the war in Ukraine. Bitcoin (BTC) reacted by moving slightly higher on the news before correcting lower. “We will maintain optionality, gradualism and flexibility in the conduct of our monetary policy,” ECB President Christine Lagarde said during a press conference on Thursday....Read More: Bitcoin Fluctuates as European Central Bank Offers Cautious Tone on Monetary Policy Tightening

#
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer