URGENT: 🇯🇵 JAPAN AND THE CRYPTO MARKET 💡
WHY IS 🇯🇵 JAPAN VERY IMPORTANT?👀
🇯🇵 Japan has a huge 🇺🇸 U.S. national debt, and every time the Bank of Japan raises interest rates, global liquidity decreases, and Bitcoin feels it time and again:
• March 2024: BTC -23%
• July 2024: BTC -30%
• January 2025: BTC -31%
📅 Next meeting of the Bank of Japan: December 19
According to Polymarket, the probability of an interest rate hike by the Bank of Japan is 97.4%.
Why this matters:
• Interest rate hike by the Bank of Japan = reduction in global liquidity
• Reduction in liquidity = pressure on risky assets
I think you can see where this could lead the market.$BNB $ETH $BTC
BTCUSDT
Perp
85,781.8
-3.37%
ETHUSDT
Perp
2,941.82
-4.55%
BNBUSDT
Perp
845.07
-4.35%
