BTC may become the main beneficiary of increased global liquidity and may usher in a "Christmas rebound"

Odaily reports that Bitcoin is currently maintaining above $100,000, and analysts say that as central banks around the world continue to ease monetary policy, Bitcoin's price may be a major beneficiary of the increase in global liquidity. With the clearing of leveraged positions and the strengthening of year-end optimism, Bitcoin appears to be ready for the next round of upswing. Bitfinex derivatives head Jag Kooner pointed out that the European Central Bank decided on Thursday to cut the deposit rate for the fourth time this year, down 25 basis points to 3%. This move is to address the slowdown in inflation and economic growth across the Eurozone. In addition, the market is also closely watching the Federal Reserve's Federal Open Market Committee meeting on December 18, with increasing speculation about a rate cut by the Fed. The expectation of a 25 basis point rate cut by the Fed, as well as the easing measures in Europe, have boosted the optimistic sentiment in the risk markets, including cryptocurrencies, which may trigger a potential "Christmas rally" (TheBlock).