Bitcoin Fluctuates as European Central Bank Offers Cautious Tone on Monetary Policy Tightening

The European Central Bank (ECB) said it will stick to its plan to end its stimulus program and tighten monetary policy, but kept options open in light of uncertainty over the economic impact of the war in Ukraine. Bitcoin (BTC) reacted by moving slightly higher on the news before correcting lower. "We will maintain optionality, gradualism and flexibility in the conduct of our monetary policy," ECB President Christine Lagarde said during a press conference on Thursday....