Cryptocurrency Attempting to fight the raging inflation, the Bank of England raised the interest rates by 50 basis points today. BTC’s price remained stable, without any significant volatility, unlike what happened yesterday when the Fed did the same. The inflation rates in many countries skyrocketed in the past several months, and the UK is no exception. The percentage there neared 10% for the month of August – levels not seen in several decades. The central bank – the Bank of England – has used primarily one tool to try to battle the galloping inflation – increasing interest rates. The latest […]