$BTC #bojraisesratesto31yearhigh
Japan just hiked rates to a 31-year high ๐
BOJ raised its policy rate to 1.25% โ highest since 1995. Weak yen + rising inflation finally forced their hand.
Why should crypto traders care? Japan's been the world's go-to "cheap money" source for years โ borrow cheap yen, throw it into risk assets like $BTC . As that money gets more expensive, some of it tends to come home.
Not saying panic. Just saying keep this on your radar.
$BTC #Bitcoin #Macro
Japan just hiked rates to a 31-year high ๐
BOJ raised its policy rate to 1.25% โ highest since 1995. Weak yen + rising inflation finally forced their hand.
Why should crypto traders care? Japan's been the world's go-to "cheap money" source for years โ borrow cheap yen, throw it into risk assets like $BTC . As that money gets more expensive, some of it tends to come home.
Not saying panic. Just saying keep this on your radar.
$BTC #Bitcoin #Macro
