The Bank of England’s Monetary Policy Committee sets Bank Rate, the UK’s main interest rate. This ranks the 54 days since 2020 on which it published a rate decision by the size of bitcoin’s move, from the 2021 pandemic-era holds to the 14 rate rises of 2021–2023 and the repeated holds of 2026.
Data as of · 54 decision days, Jan 30, 2020 to Sep 17, 2026 · bitcoin daily closes (UTC) from Yahoo Finance · decision dates from the Bank of England’s summary pages
| Rank | Decision date | Bank Rate decision | Bitcoin, decision day | Bitcoin, prior → close | Year | Source |
|---|---|---|---|---|---|---|
| 1 | Feb 5, 2026 | Held at 3.75% | ▼ −14.13% | $73,020 → $62,702 | 2026 | BoE summary |
| 2 | Nov 5, 2020 | Held at 0.1% | ▲ +10.23% | $14,134 → $15,580 | 2020 | BoE summary |
| 3 | Jun 16, 2022 | Raised to 1.25% | ▼ −9.71% | $22,573 → $20,382 | 2022 | BoE summary |
| 4 | May 5, 2022 | Raised to 1% | ▼ −7.87% | $39,698 → $36,575 | 2022 | BoE summary |
| 5 | May 7, 2020 | Held at 0.1% | ▲ +7.37% | $9,269 → $9,952 | 2020 | BoE summary |
| 6 | Dec 17, 2020 | Held at 0.1% | ▲ +7.01% | $21,311 → $22,805 | 2020 | BoE summary |
| 7 | May 8, 2025 | Cut to 4.25% | ▲ +6.40% | $97,032 → $103,241 | 2025 | BoE summary |
| 8 | Sep 22, 2022 | Raised to 2.25% | ▲ +4.67% | $18,547 → $19,414 | 2022 | BoE summary |
| 9 | Mar 23, 2023 | Raised to 4.25% | ▲ +3.76% | $27,307 → $28,334 | 2023 | BoE summary |
| 10 | Mar 21, 2024 | Held at 5.25% | ▼ −3.57% | $67,914 → $65,491 | 2024 | BoE summary |
| 11 | Mar 20, 2025 | Held at 4.5% | ▼ −3.09% | $86,854 → $84,167 | 2025 | BoE summary |
| 12 | May 9, 2024 | Held at 5.25% | ▲ +3.04% | $61,188 → $63,050 | 2024 | BoE summary |
| 13 | Sep 23, 2021 | Held at 0.1% | ▲ +3.03% | $43,575 → $44,895 | 2021 | BoE summary |
| 14 | Aug 5, 2021 | Held at 0.1% | ▲ +2.82% | $39,748 → $40,870 | 2021 | BoE summary |
| 15 | Jun 24, 2021 | Held at 0.1% | ▲ +2.79% | $33,723 → $34,662 | 2021 | BoE summary |
Decision day = the “Published on” date of a Bank of England Monetary Policy Summary, 54 in all.1 Announcements without such a page are not included. Bitcoin, decision day = UTC daily close on that date ÷ the close the day before, minus 1.2 Each of these moves is within 1.7 percentage points of Blockchain.com’s daily average price.3 Of the 54 decision days the Committee held Bank Rate on 34, raised it on 14 and cut it on 6; bitcoin fell on 28 of the 54 and on 5 of the 15 largest. Observed facts, not a forecast.
Bank Rate is the interest rate the Bank of England pays on money commercial banks keep with it, and it steers borrowing costs across the UK. The Monetary Policy Committee (MPC) has nine members and votes at each meeting. The text below is from the Bank’s own summary for each date. For other central banks, see bitcoin’s biggest moves on Fed decision days and on Bank of Japan decision days.
The Bank’s summary says the Monetary Policy Committee (MPC) voted by a majority of 5–4 to maintain Bank Rate at 3.75%. Four members voted to reduce Bank Rate by 0.25 percentage points, to 3.5%.4 Bitcoin’s UTC close that day was $62,702, down 14.13% from $73,020.2 The Bank publishes its decision at midday UK time, inside that UTC day, and the day also holds other news; the data does not show that the decision caused the move.
The Bank’s summary says the Monetary Policy Committee (MPC) voted unanimously to maintain Bank Rate at 0.1%.5 Bitcoin’s UTC close that day was $15,580, up 10.23% from $14,134.2 The Bank publishes its decision at midday UK time, inside that UTC day, and the day also holds other news; the data does not show that the decision caused the move.
The Bank’s summary says the Monetary Policy Committee (MPC) voted by a majority of 6–3 to increase Bank Rate by 0.25 percentage points, to 1.25%. Those members in the minority preferred to increase Bank Rate by 0.5 percentage points, to 1.5%.6 Bitcoin’s UTC close that day was $20,382, down 9.71% from $22,573.2 The Bank publishes its decision at midday UK time, inside that UTC day, and the day also holds other news; the data does not show that the decision caused the move.
The Bank’s summary says the Monetary Policy Committee (MPC) voted by a majority of 6–3 to increase Bank Rate by 0.25 percentage points, to 1%. Those members in the minority preferred to increase Bank Rate by 0.5 percentage points, to 1.25%.7 Bitcoin’s UTC close that day was $36,575, down 7.87% from $39,698.2 The Bank publishes its decision at midday UK time, inside that UTC day, and the day also holds other news; the data does not show that the decision caused the move.
The Bank’s summary says the Monetary Policy Committee (MPC) voted unanimously to maintain Bank Rate at 0.1%.8 Bitcoin’s UTC close that day was $9,952, up 7.37% from $9,269.2 The Bank publishes its decision at midday UK time, inside that UTC day, and the day also holds other news; the data does not show that the decision caused the move.
The Bank’s summary says the Monetary Policy Committee (MPC) voted unanimously to maintain Bank Rate at 0.1%.9 Bitcoin’s UTC close that day was $22,805, up 7.01% from $21,311.2 The Bank publishes its decision at midday UK time, inside that UTC day, and the day also holds other news; the data does not show that the decision caused the move.
The Bank’s summary says the Monetary Policy Committee (MPC) voted by a majority of 5–4 to reduce Bank Rate by 0.25 percentage points, to 4.25%. Two members preferred to reduce Bank Rate by 0.5 percentage points, to 4%.10 Bitcoin’s UTC close that day was $103,241, up 6.40% from $97,032.2 The Bank publishes its decision at midday UK time, inside that UTC day, and the day also holds other news; the data does not show that the decision caused the move.
The Bank’s summary says the Monetary Policy Committee (MPC) voted to increase Bank Rate by 0.5 percentage points, to 2.25%. Five members voted to raise Bank Rate by 0.5 percentage points, three members preferred to increase Bank Rate by 0.75 percentage points, to 2.5%, and one member preferred to increase Bank Rate by 0.25 percentage points, to 2%.11 Bitcoin’s UTC close that day was $19,414, up 4.67% from $18,547.2 The Bank publishes its decision at midday UK time, inside that UTC day, and the day also holds other news; the data does not show that the decision caused the move.
/monetary-policy-summary-and-minutes/<year>/<month>-<year>), each page’s “Published on” date and Bank Rate decision, retrieved 2026-10-27.For information only. Not financial advice. See the terms of use.