$BTC
🚨📢 Don’t sleep on the Bank of Japan. The summary of their latest meeting shows that another rate hike is looming large, with the core rate hitting 1.25%, and the markets are aggressively pricing in December

This has a direct bearing on US equities and Bitcoin

​Global investors are constantly weighing up borrowing costs across currencies

When funding in yen gets pricier, carry trade strategies start to unravel, draining liquidity out of risk assets

$SNDK

The fallout? Downward pressure on US stocks as leveraged positions are unwound, alongside a potential dip in Bitcoin, which relies heavily on global liquidity

​At the same time, US contracts are pricing in the likelihood of a fresh Fed rate hike in December

Monetary pressures are now converging on a global scale

Connecting the dots between Japan, equities, and Bitcoin gives you a much clearer picture before any major market moves happen

$AMZN
#Japan