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TheSoundOfABagpipeCame
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Japan's rate hike this time is highly likely to cause significant shocks to the virtual currency market, but there are certain buffering factors in the medium to long term. The specific impacts are as follows:
1. Short-term trigger for a sharp correction in virtual currencies: The three rate hikes by Japan starting from March 2024 have all caused Bitcoin to retrace over 20%, and after the January 2025 rate hike, it even fell more than 30%. This rate hike is likely to continue this trend. Currently, Bitcoin has fallen to around $85,000 due to rate hike expectations. If the rate hike is implemen
View Original1. Short-term trigger for a sharp correction in virtual currencies: The three rate hikes by Japan starting from March 2024 have all caused Bitcoin to retrace over 20%, and after the January 2025 rate hike, it even fell more than 30%. This rate hike is likely to continue this trend. Currently, Bitcoin has fallen to around $85,000 due to rate hike expectations. If the rate hike is implemen
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