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$ETH
{future}(ETHUSDT)
{future}(BNBUSDT)
{future}(BTCUSDT)
Today
Do You Dare to Buy Low?
$BTC dropped below 88,000 this morning. Many people think it’s just a normal drop, but it’s not that simple. Japan may raise interest rates soon, and there is an 80–90% chance it will happen by January. This can affect $19 trillion in the global yen carry trade, which is money borrowed in yen and invested in stocks and crypto.
If Japan raises rates, a lot of money will flow out quickly. BTC could fall fast. Last time, in December 2022, Japan’s sudden policy change caused big chaos in the market. Right now, BTC and other crypto are fragile. BNB is also very low, and many small investors have left.
The Federal Reserve is silent tonight, which can make things even riskier. But don’t panic—these drops are temporary. After Japan raises rates, $BTC might rise again in a few months.
What's your thoughts? share your opinion in the comment section! 🙂