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Bitcoin steadies, more U.K. Budget drama and a CNBC exclusive

Bitcoin steadies, more U.K. Budget drama and a CNBC exclusive

Update: 2025-12-02
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November was a whirlwind month for cryptocurrencies, and it seems that volatility is carrying over into December with Bitcoin posting its worst single day decline since March yesterday. Meanwhile, the head of the U.K.’s budget watchdog resigned after the OBR accidently released its report ahead of Chancellor Rachel Reeves’ budget last week. And in an exclusive interview with CNBC, the Bank of England’s Megan Greene laid out her outlook for the economy, and what she’d need to see in the labour market and inflation figures to prompt a rate cut.

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Bitcoin steadies, more U.K. Budget drama and a CNBC exclusive

Bitcoin steadies, more U.K. Budget drama and a CNBC exclusive