Crypto ignores the discounts of the European Central Bank, and highlights the effect of joy in the European Union

The European Central Bank (ECB) reduced interest rates by 25 other basis points today, but the encryption market has not been observed. This highlights the low effect on the European market on the encryption sector compared to the United States.

Meanwhile, the encryption community prays for cuts in the United States, and causes false tariff rumors in a huge pump. These policies are still important, but Europe loses its total impact.

The European Central Bank reduces the rates of contradiction to encryption

Feeling global recession is circulated throughout the encryption market, and regulations play a major role in it. American investors have been desperate to reduce a rate in the hope that it would provide a bullish narration.

None of them has been achieved yet. However, the European Central Bank Cut On the sixth consecutive time, interest rates were barely.

“The growth forecast has deteriorated due to the high trade tensions. Increased uncertainty is likely to reduce confidence between families and companies, and it is likely to respond to harmful and volatile commercial tensions of commercial tensions, stressing the conditions of financing,” ECB said in a general statement.

According to the price DataThe total maximum Crypto market has decreased by 0.2 % since the European Central Bank announced these price cuts. Among the 10 best assets, all of which were published today’s gains except for one.

Does this mean that the total economic factors lose their impact on the encryption markets? This idea is clearly incorrect. Less than two weeks ago, Crypto had a large gathering after false rumors that Trump would stop the definitions.

These gains returned when a pause had already occurred. Therefore, the total effect is still very strong in the current markets; Specifically, the European Central Bank and Europe are losing influence.

The European Union is not the only economic bloc that loses its strength in space. Yesterday, the British government Declare This inflation was less than expected, which could be able to reduce another price.

This, too, had a little effect on encryption. The macroeconomic fears are still affecting the encryption market, but its strongest ties are for the United States and Asia.

A clear sign of this change occurred months before the European Central Bank discounts. Tether was forced to leave the European Union due to the MICA regulations, but its work was affected by the minimum.

The largest Stablecoin in the world remains despite losing the entire European market. Indeed, since then, steps have taken better steps with American regulations.

Meanwhile, many large encryption companies are heading towards Asia and the United States and away from Europe. Earlier this year, A16z closed its office in London to focus on the United States.

Tether has moved to El Salvador, which gives him close to the United States and easy access to the Latin American market. This growth zone seems to be more useful than trying again in Europe.

The European Central Bank rate discounts hardly affected the encryption market, but this does not mean that the industry will ignore the entire continent. However, the European Union operations are less important and less to the largest companies.

This reflects wider trends, as international capital re -focuses on Europe. It is normal for encryption to be part of this style.