๐จ๐ฅ MEGA BREAKING FROM JAPAN! ๐ฅ๐จ
Global markets are shaking again โ and this time itโs the Bank of Japan lighting the fuse! ๐ฏ๐ต๐ฅ
According to Odaily, the central bank is considering a 25 bps rate hike to 0.75% at the upcoming December 19 meeting. If approved, this would push Japanโs interest rate to its highest level since 1995 ๐คฏ๐
๐ด The yen reacted instantly:
From ~155 โ 154.56.
A stronger yen often triggers macro-level pressure and could even spark the unwinding of yen-funded carry trades, shaking liquidity across global markets โ ๏ธ
๐ฅ Why this matters for crypto:
โ A stronger yen = less global liquidity
โ Rising funding costs may force leveraged funds to cut exposure to high-volatility assets
โ And yes โ that includes Bitcoin, which has been recovering from its November lows ๐ณ
If the Bank of Japan keeps tightening, markets might face an unexpected shock โ and crypto could feel the hit first โก๐ฃ
๐ฒ Follow me so you donโt miss the hottest breaking news โ stay ahead of the markets! ๐ฅ๐ $BTC $BNB $ACE
