Binance Research: Slowing Global Tightening May Support Bitcoin
BIBIBI
AT A GLANCE
Binance Research believes that a slowdown in the pace of global monetary tightening may support Bitcoin, but this remains a research judgment.
Article
Binance Research: Slowdown in Global Monetary Tightening May Benefit Bitcoin
BlockBeats News, November 10, Binance Research stated on Tuesday that as the pace of global monetary tightening slows, Bitcoin is expected to find support even as markets anticipate a Federal Reserve rate hike in December.
In a report, Binance Research noted that among the 10 central banks it tracks, 8 have implemented rate hikes over the past 6 months, including the Riksbank's announced hike on November 4. However, the momentum of global monetary tightening has begun to slow since peaking in July of this year. "Whether this slowdown can continue into early 2027 will be key to determining whether the macro environment is reducing its adverse impact on the crypto market."
Binance Research also reviewed previous market cycles. In November 2022, Bitcoin bottomed out, and its 6-month return turned positive in February 2023, at a time when none of the central banks tracked by the index had begun cutting rates. Similarly, in 2024, despite ongoing global monetary tightening measures, Bitcoin's 6-month return in March of that year exceeded 160%, marking the highest level of that cycle. The report stated: "In both cases, Bitcoin followed the direction of change in global monetary policy, rather than the absolute level of policy rates."
Original link: https://m.theblockbeats.info/flash/376601
Key points
01
BlockBeats reported on November 10, citing Binance Research's view: even if the market expects the Federal Reserve to raise interest rates in December, Bitcoin may still find support.
02
The report said that of the 10 central banks it tracks, 8 raised rates in the past 6 months, including the rate hike announced by Sweden's central bank on November 4.
03
The report states that the momentum of global monetary tightening has begun to slow since peaking in July of this year, and whether it can continue into early 2027 is an important point of observation.
04
The report recalled that Bitcoin bottomed out in November 2022, and its 6-month return turned positive in February 2023, at which time none of the central banks tracked had yet begun cutting interest rates.
05
The report states that global monetary tightening continued in 2024, but Bitcoin's 6-month return in March of that year exceeded 160%, the highest level of the cycle.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This report emphasizes whether the pace of tightening is slowing down, rather than whether interest rates have already fallen. It uses historical cases to illustrate that Bitcoin may see improved returns before central banks cut rates; this does not mean it will necessarily repeat in the future.
Why it matters to readers
The report provides an observation angle: when assessing the impact of monetary policy on the crypto market, one should look not only at whether rates are being raised, but also at whether the pace of tightening is slowing.
Do not interpret 'may receive support' as a guaranteed rise, nor treat market expectations of Fed rate hikes as announced decisions.
Risks and unknowns
The provided material is a media retelling and does not include the full report or data for independent verification.
It remains uncertain whether the trend of slowing tightening will continue until early 2027.
The December Fed rate hike mentioned in the text is merely a market expectation, not a confirmed decision.
Historical cases cannot confirm Bitcoin's future trajectory, and the support judgments in the report remain predictions.
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Related concepts
Monetary Tightening
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