The Bank of Korea raised rates by 25 basis points to 2.75%, its first hike since 2023, with more expected. Here's what it means for crypto markets.

South Korea raised its key rate to 2.75% as inflation, housing risks and semiconductor-led growth increased pressure for further tightening.

The Bank of Korea raised rates by 25 basis points to 2.75%, its first hike since 2023, with more expected. Here's what it means for crypto markets.