Bitcoin's price gained on Thursday after the European Central Bank voted to keep interest rates on hold for the fifth consecutive meeting.
Although bitcoin typically closely tracks risk-on assets like major equity indices, the cryptocurrency's upward trajectory came as global markets inched down. The Dow Jones Industrial Average fell for a fourth day in a row, the S&P 500 declined 1% and the Nasdaq Composite dropped 0.1%. In Europe, the regional Stoxx 600 index fell 0.7%, and London's FTSE fell 0.67%.
Today's decision means that interest rates across the eurozone will stay at their highest level in over two decades.
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