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Bitunix Analyst: Three European Countries Cut Interest Rates, Global Easing Atmosphere Warms Up, Supporting Bitcoin's Mid-term Trend
Summary: According to reports, the central banks of Switzerland, Sweden, and Norway unexpectedly cut interest rates by 25 basis points each within 24 hours, signaling a return to a global easing cycle. Despite most economists previously expecting these central banks to hold steady, facing slowing inflation and currency appreciation pressure, the three countries chose to stimulate ...
According to reports, the central banks of Switzerland, Sweden, and Norway unexpectedly cut interest rates by 25 basis points each within 24 hours, signaling a return to a global easing cycle. Despite most economists previously expecting these central banks to hold steady, facing slowing inflation and currency appreciation pressure, the three countries chose to stimulate their economies early, causing market turbulence.
While the Bank of England and the Federal Reserve in the United States are maintaining interest rates, the pound is weakening, U.S. bond yields are declining, and funds are flowing back into the crypto market, with BTC continuing to trade sideways around $105,000. The market is watching to see if the expiration of the U.S. tariff suspension in early July will become a new variable.
Bitunix analysts suggest that this small-scale easing trend may be a precursor to a global shift in monetary policy in the second half of the year, especially with the backdrop of slowing inflation likely to support the performance of risk assets. Pay attention to the effectiveness of support levels at $103,300-$102,700 for BTC; if held, a rebound phase may be initiated. In addition, watch for U.S. trade policy developments on July 9; if punitive tariffs are reinstated, it could become a new source of market pressure.
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Link: Bitunix Analyst: Three European Countries Cut Interest Rates, Global Easing Atmosphere Warms Up, Supporting Bitcoin's Mid-term Trend [Copy]
