According to Mars Finance news, Bitcoin is currently maintaining above $100,000. Analysts say that as central banks in various countries continue to ease monetary policy, Bitcoin's price may become a major beneficiary of the increase in global liquidity. With the clearing of leveraged positions and the strengthening of year-end optimism, Bitcoin seems ready to welcome the next round of uptrend. 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 more and more speculation about the Fed's possible rate cuts. 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 market, including cryptocurrencies, which may trigger a potential "Christmas rebound".
Analyst: Bitcoin may become the main beneficiary of increased global liquidity and may usher in a "Christmas rebound"
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