PANews reported on March 6 that according to CoinDesk, the European Central Bank (ECB) is expected to cut interest rates to 2.65% on Thursday, continuing its easing policy from a high of 4.5%, despite the sharp fluctuations in the European bond market. The market has repriced the Fed's expectations of at least three interest rate cuts in 2025, while Germany and China have also taken fiscal easing measures. This may further promote the improvement of global liquidity and provide a positive signal for risky assets such as Bitcoin.
However, eurozone inflation is still above the central bank's 2% target, and the rise in Germany's 10-year government bond yield to 2.8% (the highest since 2011) may trigger market concerns about bond market risks.
