BOJ holds at 0.75%, but $112 oil just moved the goalposts.
Inflation is BACK. 🚨
Short-term relief? Maybe.
Long-term risk? Absolutely. 💯
The Bank of Japan kept rates at 0.75% and prevented a sudden collapse of the Yen Carry Trade. This is the only thing keeping crypto liquidity flowing.
Don't mistake this for a pivot; it's a pause.
With Brent crude screaming past $112, central banks are staring at an inflation monster that won't go away quietly.
Bitcoin is currently behaving like a high-beta tech stock, tracking the Nasdaq with an 85% correlation.
When oil spikes, inflation expectations rise, and the hope for global rate cuts evaporates.
We are seeing a massive surge in 24/7 oil perpetuals on decentralized platforms. Crypto traders are no longer just watching candles; they are hedging against the Strait of Hormuz.
Asia’s central bank stability provides the floor, but oil-driven inflation is the ceiling. If the conflict persists, the path to a recovery gets much steeper.
Are you watching the charts, or are you watching the shipping straits?