What is bps in finance matters as the ECB raised rates 25 BPS

What is BPS in finance matters as the ECB raised rates 25 BPS in June, strengthening the Euro by 1.4%, impacting exporters listed on European exchanges. Coinglass data shows $380 million in 24 hour liquidations, with a 35-65 split between longs and shorts. Binance liquidation heatmap indicates $121,300 as a core liquidation level to monitor, in case of a price rise. What we are doing is consolidating, and not introducing a new framework per se. Currently, the RBI has about 8,000 regulations, circulars, master directions and notifications. Of these, around 5,000 are obsolete or redundant. That leaves us with approximately 3,000 active regulations. What is BPS in finance links directly to forex volatility; USD/JPY weakened by 0.9% after yields fell 8 BPS, impacting Japanese exporters listed in US markets.