Interest rate hike! Should the crypto market be worried?
Japan's first interest rate hike in 30 years has landed! Will a 25 basis point increase directly trigger turbulence in the crypto space?
Don't panic! The core impacts are explained thoroughly below 👇
Capital aspect: Yen carry trades are flowing back, putting pressure on short-term crypto buying
Sentiment aspect: Negative news has already been priced in, beware of "buying the expectation and selling the fact" rebounds
Structural aspect: Major coins are resilient, while altcoins are experiencing more noticeable capital diversion
Is this a short-term disturbance or a trend reversal?
Veteran investors have already begun to position themselves, what do you think? See you in the comments!
