Will the European Central Bank's interest rate cut benefit bitcoin?

It is expected that the European Central Bank (ECB) will lower interest rates by 0.25% to 4.25% on June 6th. This interest rate cut may boost investors' interest in risk assets such as bitcoin. Bitfinex derivatives director Jag Kooner said: "It is expected that the European Central Bank will cut interest rates next week to stimulate economic growth. Lower interest rates typically weaken the euro and increase liquidity, which can boost risk assets including bitcoin."

FX168Jun 4 08:44

Cryptocurrency trading volume surges by 86.4% and prices soar, jpmorgan reveals the truth behind it.

According to JPMorgan's strategist, retail investors returned to the crypto market after a pause in April, driving popular cryptos like bitcoin and ethereum to multi-week highs.

FX168Jun 3 09:19

Express News | Bitcoin hit an upward trend of 68,000 US dollars/coin and rose 0.33% during the day.

BreakingsJun 2 20:12

Will the US “directly” offer Bitcoin spot trading? The president of the New York Stock Exchange sent a big signal...

The president of the New York Stock Exchange revealed that if the regulatory situation becomes more clear, they will consider directly offering cryptocurrency spot trading.

FX168May 29 22:10

BlackRock's IBIT Topples GBTC as the World's Largest Bitcoin Fund

Seeking AlphaMay 29 10:28

Express News | The New York Stock Exchange collaborates with CoinDesk Index to launch a financial product that tracks Bitcoin's spot price

BreakingsMay 29 07:02