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Breaking: Argentine Central Bank Raises Interest Rate by 97%, Good Case for Bitcoin? | Coingape

By Godfrey Benjamin at 2026-05-07 04:42

Sentiment: Positive

The Central Bank of Argentina has announced a further increase in its base interest rate to 97% in response to soaring inflation in what has been tipped as a win for Bitcoin (BTC). With inflation reaching almost 109% on a year-on-year basis in April, this is the second time the government is taking such hawkish The post Breaking: Argentine Central Bank Raises Interest Rate by 97%, Good Case for Bitcoin? appeared first on CoinGape. Continue reading...

Categories: 24/7 Cryptocurrency News

Tags: #24/7 Cryptocurrency News #Argentina #Bitcoin #Inflation

Source CoinGape