A new development at the macro level: “Bank of Japan Policy Board member Toichiro Asada: Given that the BOJ’s policy rate is currently within the estimated range for the neutral rate, further rate hikes could have a greater impact on the economy.”
Transmission mechanism: Rising rate-hike expectations → higher real interest rates → reduced risk appetite. Crypto assets may face short-term pressure. The key is whether selling pressure is released all at once or continues as a steady decline.
$BTC Current price: 73706.72. Worth keeping an eye on.
Transmission mechanism: Rising rate-hike expectations → higher real interest rates → reduced risk appetite. Crypto assets may face short-term pressure. The key is whether selling pressure is released all at once or continues as a steady decline.
$BTC Current price: 73706.72. Worth keeping an eye on.