🇯🇵 JAPAN RATE HIKES
Japan is often called the global market’s “ATM” due to its near-zero (and previously negative) interest rates and ultra-loose monetary policy over many years
When the BoJ raises rates, it effectively tightens global liquidity, and BTC/crypto are usually among the first assets to feel the impact
History backs this up. BTC’s reaction to the last three BoJ rate hikes
That said, many argue this time could be different
There is little element of surprise left, as the BoJ has clearly signaled its intentions and expectations may already be priced in
BTCUSDT
Perp
87,299.9
-0.35%
