GeneralBearishCrypto Briefing · 4h ago🔥 8/10
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Banks borrow £123B in Bank of England short-term repo operation, smashing previous records
UK banks borrowed a record £123 billion in a Bank of England short-term repo operation, exceeding previous benchmarks and signaling tightening liquidity conditions. This unprecedented borrowing suggests potential strain on the financial system that could affect lending rates and overall market stability.
