The three Nordic countries collectively cut interest rates! Analysts: A sign of a global shift in the second half of the year, Bitcoin will rebound if it holds at $102,700.

Switzerland, Sweden, Norway cut interest rates by 25 basis points in 24 hours, Bitunix pointed to small easing or a precursor to a policy shift in the second half of the year, and bitcoin $103,300–$102,700 support is in the spotlight. (Synopsis: The US CPI in May was lower than expected across the board, and Trump shouted: The Fed should immediately cut interest rates by 1%, and can pay a lot less interest) (Background supplement: Trump and Ball White House interview "asked the Fed to cut interest rates", Powell reiterated: the Fed adheres to the principle of non-politicization) Swiss, Sweden and Norges Bank announced a 25 basis point interest rate cut yesterday (20), setting off an unexpected "triple drop" within 24 hours. The market had expected interest rates in the three countries to remain unchanged, but now the sudden adjustment shows that global monetary policy may return to the easing cycle, and also ushered in new imagination for risk assets. Three countries are driving forces behind surprise rate cuts The Swiss National Bank cut its policy rate to 0%, mainly due to a 0.1% annual decline in consumer prices in May and continued appreciation of the Swiss franc, according to Swissinfo. The Riksbank cut another 25 basis points, the seventh in a row, intended to save the stalled recovery momentum. Norges Bank also cut interest rates by 25 basis points to 4.25%, the first rate cut since the end of 2020, reflecting a stronger-than-expected cooling in the latest inflation. Although limited in scale, the common issues facing the three countries, namely the slowdown in inflation and the strengthening of their currencies, underscore the need for early easing. Bitunix: Pay attention to the key support areas of bitcoin In this regard, Bitunix analysts pointed out that the three European countries at the same time adopted small-scale easing policies or a precursor to the global policy shift in the second half of the year, and the low interest rate environment is expected to reduce the opportunity cost of holding interest-free assets, which is good for bitcoin. Analysts emphasized: "If bitcoin can hold $103,300-102,700, it is expected to start a new rally." Bitcoin is currently trading around $103,000, and the market is closely watching the direction of US trade policy on July 9. If the United States reintroduces punitive tariffs, it may become a new source of pressure. Related reports Interest rate cuts pour cold water" Fed Kashkali: The inflation impact of Trump's tariffs is not a short-term phenomenon, and the Fed is not in a hurry to adjust interest rates Ball crushed the hope of interest rate cuts + Huida chips were regulated, bitcoin fell back to 84,000, and U.S. stocks encountered another violent sell-off Tariff storm to CPI unexpectedly fell, deducing whether the Fed's interest rate cut can detonate a global asset spree? 〈The three Nordic countries collectively cut interest rates! Analyst: In the second half of the year, the global turn is a harbinger, bitcoin supports $102,700 will rebound" This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Blockchain News Media".

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