Head of Derivatives at Bitfinex, Jag Kuner, expects a resumption of growth in the crypto market

Bitcoin confidently holds around 100,000$ thanks to bold investment decisions amid the easing of monetary policy by central banks - this opinion was expressed by the head of derivatives at Bitfinex.

"The decrease in rates in the EU and China, as well as expectations of similar actions from the Fed, enhance optimism in the markets for risk assets, including cryptocurrency. This may push Bitcoin to a new stage of growth," noted the expert.

At the meeting on December 12, the European Central Bank (ECB) lowered interest rates by 25 basis points, but ECB head Christine Lagarde emphasized that the fight against inflation is not yet over.

I remind you that the Fed meeting is scheduled for December 18. The market estimates the probability of a rate cut at 96%.