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Crypto: ECB Interest Rates’ Market Impact

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Crypto inflation

On July 18, 2024, the Governing Council of the European Central Bank (ECB) decided to keep key interest rates unchanged. This decision, aimed at controlling persistent inflation, raises crucial questions about its impact on the crypto market. Indeed, crypto investors closely monitor these monetary decisions as they influence the perception of digital assets as an alternative store of value. How do high interest rates truly affect cryptocurrencies? Let's explore this complex dynamic.

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