The European Central Bank is expected to cut interest rates by 0.25%, potentially boosting Bitcoin inflows as lower rates weaken the euro and increase liquidity. This economic decision could impact Bitcoin and equity markets.
The ECB is widely anticipated to implement a 0.25% rate cut, following seven consecutive months of easing inflation across the eurozone.
The European Central Bank is expected to cut interest rates by 0.25% to 4.25% on June 6. The rate cut could boost investor appetite for risk assets such as Bitcoin is expected to come in at 2.6% — potentially marking the eighth consecutive month of inflation below the 3% mark.The potential interest rate cut could boost traditional equity markets and add more upward momentum for Bitcoin, according to James Wo, the founder and CEO of DFG.
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