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Macroeconomic Report on the Cryptocurrency Market: Liquidity Repricing Under the Combined Effects of Federal Reserve Rate Cuts, Bank of Japan Rate Hikes, and the Christmas Holiday
Recent fluctuations in the cryptocurrency market are not isolated events but rather structural adjustments triggered by the overlapping of three macroeconomic factors over time. Firstly, the Federal Reserve's rate cut during Super Central Bank Week has not initiated a clear easing cycle; instead, through the dot plot and voting structure, it has signaled a restraint on future liquidity, correcting the market's expectations of 'continuous easing.' Secondly, the upcoming rate hike by the Bank of Japan is shaking the long-standing yen arbitrage structure, which has served as a basis for low-cost global financing, potentially triggering a phase of deleveraging and putting pressure on risk assets. Finally, the liquidity contraction brought about by the Christmas holiday has significantly reduced the market's ability to absorb the aforementioned macro shocks, amplifying price volatility. Under the combined effects of these three factors, the cryptocurrency market has entered a phase of high volatility and low tolerance for error, with price behavior exhibiting more nonlinear characteristics, requiring a structural perspective for understanding.
Bank of Japan interest rate decision, terrifying as it is…… Bank of Japan raises interest rates → Yen arbitrage trades closed → Global liquidity tightens → Institutions reduce positions according to risk budgets → BTC prioritized for sale as a high Beta asset.
PANews
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Why did the Bank of Japan's interest rate hike first target Bitcoin?
Author: David, Deep Tide TechFlow
On December 15, Bitcoin dropped from $90,000 to $85,616, with a single-day decline of over 5%.
There were no major shocks or negative events on this day, and the on-chain data does not show any signs of unusual selling pressure. If you only look at the news in the cryptocurrency space, it's hard to find a 'reasonable' explanation.
But on the same day, gold was quoted at $4,323 per ounce, only down $1 from the previous day.
One fell by 5%, while the other barely moved.
If Bitcoin is really 'digital gold', a tool for hedging against inflation and fiat currency devaluation, then its performance in the face of risk events should resemble gold more closely. However, this time its movement clearly resembles a high beta tech stock in the Nasdaq.
Empty warehouse for half a month, closely watching next Friday's Japanese interest rate decision. The economic calendar shows an increase of 0.25 percentage points in Japan next Friday, which is expected to trigger liquidity. Once the US dollar interest rate decreases and the yen interest rate decreases, the market will lack a low-interest borrowing environment, and liquidity exhaustion is imminent. Be very careful.
Next week's interest rate decision by the Bank of Japan is crucial. Can Trump organize a rate hike? Is the early ejaculation preparation for a personal visit to the U.S. a trap or a pie? Let's see next week's Bank of Japan interest rate sterilization.
#比特币VS代币化黄金 The terrifying liquidity, the market's self-contradiction, the US dollar interest rate cut, the Japanese yen interest rate hike, once the Japanese yen arbitrage tools disappear, the market liquidity black hole accelerator will instantly swallow all leverage
He Yi: The Birth of the "Queen of the Crypto World!"
That girl who was played by fate. A girl born in Sichuan in 1986, who lost her father at 9 and dropped out of school to work at 16, ultimately became the "queen of the crypto world" controlling a hundred billion dollar empire. She is He Yi, a woman who epitomizes the phrase, "When fate closes a door on you, tear down the whole wall." How outrageous is this story? The coins He Yi bought for 900,000 are now worth 150 million. What's even more outrageous is that what she holds is not just money but also control over the world's largest cryptocurrency exchange.
If CZ Zhao Changpeng is the "face" of Binance, then He Yi is the true "brain" of Binance.
SEC Chairman Says 'Cryptocurrency Market Structure Bill' is About to Pass
According to Odaily Planet Daily, Paul Atkins, the chairman of the U.S. Securities and Exchange Commission (SEC), stated in an interview with Fox News that the (Cryptocurrency Market Structure Bill) is about to be passed. If the bill is passed, it will bring the much-needed regulatory clarity to the cryptocurrency industry.
Is domestic payment currently very tight? Only 5000U, which is just over 30,000 RMB, can also be blocked? Why is that? Notification to go to the counter for processing, and then five minutes later another notification to go to the street uncle with a hat. Sigh, it’s really the first again, and there’s no yen, it’s really ridiculous.
US stock market close | Concerns continue to escalate, with all three major indices falling; the Dow and Nasdaq dropped over 1%; major tech stocks broadly declined, with Amazon down over 4% and Nvidia nearly 3%; Pinduoduo dropped over 7% after earnings
Sharp commentary: Nvidia's earnings report is about to be released, and the seven stars of the US stock market are high volume evening stars, with the market feeling like a startled bird
Risk aversion sentiment continues to escalate, and before Powell's departure in May 2026, there will be no rumors of interest rate cuts; water shortage, lack of fresh water...
R25 Launches New Yield-Bearing Stablecoin RcUSD+ on Polygon
Foresight News reports that, according to The Block, the stablecoin and RWA protocol R25 incubated by Ant Financial has launched a new yield-bearing stablecoin rcUSD+ supported by traditional financial instruments in collaboration with Polygon. rcUSD+ maintains a 1:1 peg to the US dollar while providing yield through a combination of money market funds and structured notes. This token will circulate throughout the entire DeFi ecosystem on Polygon.
Binance Integrates BlackRock's 'BUIDL' as Over-the-Counter Collateral
This is a general announcement, and the products and services mentioned herein may not be applicable in your region. Dear User: Binance is expanding its support for BlackRock's USD Institutional Digital Liquidity Fund ('BUIDL', a tokenized US short-term treasury fund) to enhance its offerings for institutional over-the-counter settlement services, including [币安银行三方](https://www.%suffixOrigin%/%locale%/triparty) and [MirrorRSV](https://www.%suffixOrigin%/%locale%/blog/vip/8854918638202797087) collateral products. In addition, the new BUIDL asset class will be launched on the BNB Chain, enhancing the accessibility and interoperability of on-chain applications. This initiative reinforces Binance's commitment to providing secure, compliant, and capital-efficient channels between traditional finance and the blockchain ecosystem for our VIP and institutional clients.
Huang Licheng increased his position in 25x leveraged ETH long to 2396 ETH Everyone is watching for a precise explosion at 3040... Don't use leverage, buy spot in batches According to BlockBeats on-chain detective report, on November 14, Huang Licheng increased his position in 25x leveraged ETH long to 2396 million dollars. Current floating loss is 1.56 million dollars, average entry price is 3450.33 dollars, liquidation price is 3040.78 dollars. #ETH
Breaking news stimulates, making this guy dump more aggressively Michael Saylor's MicroStrategy has just started selling Bitcoin! For the first time in two years, they sold 33,000 $BTC, worth 3.2 billion dollars, and they continue to sell more every few minutes. What happened?? $BNB $BTC $ETH