Financial Influence: Federal Reserve > Bank of Japan > European Central Bank > People's Bank of China
币市雷达
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Damn, I didn't expect the little devils to have such a big impact! The Bank of Japan has raised interest rates 3 times before, and Bitcoin has recorded a drop of over 20%
According to market information, since 2024, the Bank of Japan has implemented 3 interest rate hikes, which occurred in March, July, and January of this year. For the past few decades, the liquidity in the global capital markets has not solely come from the United States, a significant portion actually comes from Japan.
Due to Japan's long-standing zero interest rate and even negative interest rate policy (NIRP), combined with an extremely accommodative monetary environment, it has effectively acted as a cheap funding ATM for the global financial system. Therefore, Japan's interest rate hikes have a significant tightening effect on global liquidity, and the price trends of Bitcoin following the aforementioned three rate hikes have all been declines, with decreases of 23.06%, 26.61%, and 31.89% respectively.
However, the latest round of interest rate hike expectations in Japan are relatively well established, and the market has already responded in advance. Whether this round of rate hikes will lead Bitcoin to repeat the previous declines remains to be seen. 关注我,能暴富哦!
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee.See T&Cs.
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