Bank of England Cuts Interest Rate to 4.25%: Key Implications for Crypto Markets and Bitcoin Traders | Flash News Detail
The Bank of England’s recent decision to lower its interest rate to 4.25% on May 8, 2025, as reported by Crypto Rover on Twitter, marks a significant shift in global monetary policy that could have far-reaching implications for both traditional and cryptocurrency markets. This unexpected rate cut, the first of its kind in recent months, signals a dovish stance aimed at stimulating economic growth amid concerns of slowing inflation and potential recessionary pressures in the UK. The announcement, made at 12:00 PM GMT on May 8, 2025, immediately triggered a rally in UK equity markets, with the FTSE 100 index rising by 1.2% within the first hour of trading, reaching 8,250 points by 1:00 PM GMT, according to…
