Australia Pushes Rates to 15-Year High and Warns It May Go Further

Crypto Insight Summary: The Reserve Bank of Australia (RBA) raised its cash rate by 25 basis points to 4.6%. The move pushes borrowing costs to their highest level since 2011. The nine-member board backed the decision unanimously, delivering its fourth increase of 2026. Policymakers also kept further tightening on the table if inflation fails to cool. Fuel Costs Crypto Insight Analysis: Direction: Bearish BTC / Bearish ETH Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Australian rate hike signals global tightening trend, reducing risk appetite for crypto.