Bank of Korea Doubles Down With Back-to-Back Hikes as Core Inflation Bites

Crypto Insight Summary: The Bank of Korea raised its interest rate by 25 basis points to 3% on Thursday. The move marked a second consecutive increase. Policymakers had already flagged more tightening in July. Firm core inflation and a renewed jump in Seoul housing prices strengthened the case for another move. Bank of Korea Hikes Rates to 3% Crypto Insight Analysis: Direction: Bearish BTC / Bearish ETH Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Aggressive rate hikes signal tightening liquidity, reducing risk appetite for crypto.