Currently, the entire market is closely watching the Fed rate cut, but in fact, this round of positive news has already been priced in.
$BTC rebounding from 80,000 to 94,000 was driven by expectations of a Fed rate cut. Next, next week’s yen rate hike is the real key!
Looking back at 1998, after Japan ended its ultra-low interest rates, the Asian financial system nearly collapsed, and many countries couldn’t withstand the pressure. A yen rate hike is bearish for global capital markets, because at the time everyone borrowed yen to buy US Treasuries. When the yen strengthens, US Treasuries are s