🇯🇵 BoJ RATE HIKES SHAKE GLOBAL MARKETS 📉
🧠 Bitwise CIO Matt Hougan says the macro backdrop for crypto is mixed and confusing.
📊 What’s driving the tension:
• 🇯🇵 Japan raising rates → ❌ negative for risk assets
• 🇺🇸 U.S. cutting rates → ✅ supportive for crypto
⚖️ Bottom line:
• Two powerful macro forces are pulling in opposite directions
• 🌪️ Result: uncertainty + heightened volatility across markets
📈 Other movers:
$TRUMP 📉
$MMT 📈
#BoJ 🇯🇵 #Crypto 🪙 #Macro 🌍 #MarketVolatility 📊
MMTUSDT
Prep
0.2265
+6.38%
TRUMPUSDT
Prep
4.834
-2.34%
RESOLVUSDT
Prep
0.07191
-4.54%