Analyst: ECB Rate Cut Expectation May Further Drive Global Liquidity Easing, Benefiting Risk Assets Including Bitcoin

BlockBeats News, March 6th, CoinDesk's Senior Analyst James Van Straten stated that against the backdrop of increased volatility in the bond market, the European Central Bank is expected to cut rates from 4.5% to 2.65% on Thursday, continuing its loose monetary policy. As the anticipated loose policy is announced, the market is repricing the expectation that the Fed will cut rates at least three times by 2025.

The loose policy that the European Central Bank is about to take will only intensify the momentum of global liquidity easing, providing a bullish signal for risk assets, including cryptocurrencies.