Australia lifts rates to 18-year high as AI boom, energy costs fuel inflation
The Reserve Bank of Australia raised its benchmark rate to 4.85%, its highest level in 18 years, citing higher technology spending linked to AI investment and rising energy prices. Bitcoin was trading at $76,927 when the story was published and is down 0.2% since then.
Source: Cointelegraph · Written by Blockdeck from public reports and live market datamarket_reactionBTC/USD around the story−0.20% since the news
Price at the news$76,938.80
First hour after−0.23%
Since the news−0.20%
Volume that hour1.1× normal
Headline and excerpt credited to Cointelegraph. Prices on this page are live, not from the time of the story. Not financial advice.