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Bitcoin Steady Near $38.5K as Australian Central Bank Ends Easing Program

Bitcoin is hovering around $38K as the Australian Central Bank ended a bond purchases, but indicated it will not be making interest rate rises in the near future.

After Australia’s Reserve Bank (RBA) terminated its quantitative easing (QE) bond-buying program, the bitcoin price underlying cryptocurrency held steady early on Tuesday. Concerns surrounding price stability were addressed as well. RBA’s choice to end QE comes after a time period of intensified market tensions in the U.S. Last Wednesday, the Federal Reserve restated its commitment […]

Bitcoin is hovering around $38K as the Australian Central Bank ended a bond purchases, but indicated it will not be making interest rate rises in the near future. Read More »

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