Energy bills drive the jump
The rise traces back to a single culprit: energy costs. Chancellor John Healey pointed to the ongoing Iran war, saying it "continues to impact prices here at home." Geopolitical tension doesn't stay overseas. It lands in monthly utility statements. And with the conflict showing no signs of cooling, the pressure on bills isn't going away anytime soon.
📊 Market Data Snapshot
24h Change
+5.70%
7d Change
+8.10%
Fear & Greed
46 Fear
Sentiment
🟢 bullish
A 2.9% inflation print keeps pressure on the Bank of England to hold rates where they are, or push higher. For crypto traders, that's the real story. Higher-for-longer rates tighten global liquidity,
