Barclays has pushed back its forecast for the European Central Bank (ECB) to begin raising interest rates to June 2026, from the previous estimate of September 2025. This delay suggests persistent inflationary pressures within the Eurozone, potentially impacting risk sentiment across global markets. The revised forecast introduces uncertainty for crypto investors sensitive to interest rate changes and Eurozone economic stability. A prolonged period of low rates could support risk assets, but renewed inflation fears could trigger capital flight.