📣 Heads up, crypto enthusiasts! The European Central Bank (

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📣 Heads up, crypto enthusiasts! The European Central Bank (ECB) is set to slice interest rates by 0.25% on June 6. This could spice up the Bitcoin (BTC) market, according to Bitfinex's head of derivatives, Jag Kooner. 📉💰 Why? Lower rates usually weaken the euro and increase liquidity, which can give risk assets like Bitcoin a nice little boost. This comes amidst a period of slowing inflation in Europe. James Wo, founder and CEO of DFG, suggests that this rate cut could also pump up traditional equity markets, adding more upward momentum for Bitcoin. So, will Bitcoin follow equities higher or continue to shine as "digital gold"? Only time will tell. Meanwhile, let's discuss in the comments! 🚀🌕 #Bitcoin #ECB #RateCut

📣 Heads up, crypto enthusiasts! The European Central Bank (ECB) is set to slice interest rates by 0.25% on June 6. This could spice up the Bitcoin (BTC) market, according to Bitfinex's head of derivatives, Jag Kooner. 📉💰
Why? Lower rates usually weaken the euro and increase liquidity, which can give risk assets like Bitcoin a nice little boost. This comes amidst a period of slowing inflation in Europe. 
James Wo, founder and CEO of DFG, suggests that this rate cut could also pump up traditional equity markets, adding more upward momentum for Bitcoin. 
So, will Bitcoin follow equities higher or continue to shine as "digital gold"? Only time will tell. Meanwhile, let's discuss in the comments! 🚀🌕 #Bitcoin #ECB #RateCut