Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
From historical experience, when the Bank of Japan enters a tightening cycle, it often triggers the unwinding of yen carry trades, leading to a contraction in global liquidity. Bitcoin and the cryptocurrency market typically experience a significant correction of 20%—30%. However, this time the market reaction has been calm, primarily because "expectations have been fully priced in." Most traders have already incorporated this rate hike into their prices, resulting in limited short-term impact.
What is truly worth cautioning is not the rate hike itself, but the future policy path of the Bank of Japan. #BTC #日本加息