Market players are increasingly betting on further monetary easing from the Bank of England. The latest consensus suggests traders are now positioning for around 60 basis points of rate cuts by the end of 2026.

This shift reflects growing expectations that BoE will continue its cutting cycle, potentially driven by softer economic data or inflation moderating faster than anticipated. For crypto and broader asset traders, central bank moves like these matter—looser monetary policy typically increases liquidity flowing into risk assets and can support alternative investments like digital assets during easing cycles.

The pricing now shows traders aren't waiting for confirmation; they're front-running the narrative. Whether this pans out depends on UK economic conditions over the coming quarters. If inflation stays stubborn or growth holds firm, BoE might dial back expectations. But right now, the market is clearly dancing to an easing tune.