The European Central Bank (ECB) has cut interest rates for the third time in 2024, reducing the key rate from 3.5% to 3.25% amid easing inflation and weak economic growth. Market expectations suggest another cut to 3% may occur at the December meeting, reflecting a shift towards more aggressive monetary easing due to ongoing sluggishness in economic activity. $BTC

This implies that following the interest rates cut, money supply will increase around the world which give incentives for people to invest in #BTC and other strong cryptocurrencies like #TRX $SOL .