A British bank expects Bitcoin to fall below $5,000

Bitcoin is in a difficult test with the crises of the trading platforms (Getty) The British “Standard Chartered” bank expected the price of the most popular cryptocurrency, “Bitcoin”, to drop to $5,000 over the next year, a decrease of about 70% from its levels recorded on Monday, which exceeded $17,000. In a note issued Sunday … Read more

British interest rate hiked to 13-year high to contain inflation

Annual inflation will exceed 10% this year as a result of high energy prices (AFP) To a 13-year high, the Bank of England raised its key interest rate on Thursday, as part of a global effort to rein in inflation caused by high energy prices, the Ukraine war and ongoing concerns about the Corona epidemic. … Read more