Bitcoin, Ethereum, XRP Slide as AI Scare Hits Crypto | Crypto Craft

  • Bitcoin, Ethereum, XRP Slide as AI Scare Hits Crypto

    From eand.co

    The broader cryptocurrency market is facing a sharp downturn, with major digital assets such as BTC, ETH, and XRP posting significant intraday losses. These three big names have been showing an extended bearish sentiment in the cryptocurrency market, trading below key moving averages and support levels. Bitcoin, the largest cryptocurrency by market capitalization, generally called “Digital Gold,” is trading below the $65K, its key support level. Ethereum, the second-largest cryptocurrency by market capitalization, is down by over 5% over the past 24 hours and trading below the $2,000 psychological level. XRP, ... (full story)

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    Bank of England Monetary Policy Reports

    From parliamentlive.tv|Feb 24, 2026

    video Witness(es): Andrew Bailey, Governor, Bank of England; Megan Greene, External member, Monetary Policy Committee; Professor Alan Taylor, External member, Monetary Policy ...

    White House official: Trump admin working to change new temporary tariff rate to 15% from 10%

    From @financialjuice|Feb 24, 2026|1 comment

    White House official: Trump administration is working to change new temporary United States tariff rate to 15% from 10% published by Customs and Border Protection. WHITE HOUSE OFFICIAL SAYS 'NO CHANGE OF HEART' ON TRUMP'S PLAN FOR 15% TARIFF RATE UNDER SECTION 122 STATUTE, TIMING OF CHANGE TO 15% UNCLEAR

    BoE's Bailey: I will go into the coming meetings asking whether a cut is justified

    From @financialjuice|Feb 24, 2026|1 comment

    BoE Gov. Bailey: I will go into the coming meetings asking whether a cut is justified BANK OF ENGLAND'S BAILEY: WE DO EXPECT INFLATION TO RETURN TO CLOSE TO TARGET IN APRIL Bailey: Report to the Treasury Committee In the 15 months since my last report to the Treasury Committee in November 2024, monetary policy has had to navigate an increase in headline inflation against the backdrop of continuing underlying disinflation. To ensure a sustainable return of inflation to the 2% target, monetary policy has been set to balance, on the one hand, upside risk to inflation from lingering persistence in domestic inflationary pressures stemming from the big inflationary shocks of recent years, and downside risks to inflation from subdued economic growth and a weakening labour market on the other. Gradual progress on underlying disinflation and receding risks from prolonged cost pressures have allowed the Monetary Policy Committee (MPC) to cut Bank Rate four times, from 4.75% in November 2024 to 3.75% today. Twelve-month inflation in the Consumer Price Index (CPI) was 3.4% in the latest data for December 2025, up from its most recent trough of 1.7% in September 2024 – the latest datapoint at the time of my previous report – but down from a peak of 3.8% in July, August and September 2025. Looking ahead, Bank staff expect CPI inflation to decline further to about 3% in January, February and March this year, before reaching a level close the 2% target from April. In the latest Monetary Policy Report (MPR) from February 2026, in the central case, inflation is then projected to stay close to the 2% target for the r BOE'S BAILEY SAYS EXPECT TO SEE SCOPE FOR SOME FURTHER EASING OF POLICY, PROBABLY DURING THIS YEAR ... BOE'S BAILEY: RATE CUT AT NEXT MEETING IS A GENUINELY OPEN QUESTION

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