Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Futures Kickoff
Get prepared for your futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to experience risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Brothers, let's review the impact of Japan's interest rate hikes on Bitcoin!📉🔥
The core destructive power of the Bank of Japan (BOJ) rate hikes actually comes from the "Yen Carry Trade" closing: for many years, Japan's ultra-low/negative interest rates allowed global institutions and speculators to borrow yen at almost zero cost, convert to USD, and invest in high-yield risk assets, including $BTC, US stocks, tech stocks, etc., totaling trillions of dollars!💰
Once Japan raises interest rates, the cost of borrowing yen increases + the yen appreciates, squeezing the arbitrage space, and everyone starts closing positions: selling risk assets, converting back to yen to repay debts, leading to a contraction of global liquidity. Bitcoin, as a high Beta risk asset, is often the first and most violently sold off!🤯
Historical data is super clear:
March 2024 (first rate hike after ending negative rates): $BTC fell over 20-23%
July 2024 rate hike: $BTC fell about 25-26%, once dropping from $65,000 to $50,000
January 2025 rate hike: $BTC fell over 30-31%
After each rate hike, there is a short-term crash + massive liquidations, but in the medium to long term, there is often a rebound and strength because after deleveraging, BTC's "digital gold" safe-haven attribute is reinforced.📈
Now, by the end of 2025, Japan's government bond yields have hit multi-year highs, and the market prices in over a 90% chance of a rate hike in December. Brothers, be aware of short-term selling pressure! But remember: this is a liquidity event, not a fundamental collapse. Hold long-term, keep tight, and look for opportunities to buy low amid volatility.💎
What do you think? How much do you think BTC will drop this time after the rate hike? Share your thoughts in the comments!$BTC #比特币 #宏观 #日元套利 #DeFi