APotOfWineWithFlowers.
Japan announces a rate hike, but Bitcoin does not respond with a decline; instead, the market remains calm. Behind this seemingly bizarre phenomenon lies a silent game of two top forces.
On one side is Japan's "policy extraction." Although the rate hike is in place, it is merely a forced move—an inevitable choice driven by inflation pressures and yen depreciation. More importantly, the Bank of Japan has clearly signaled externally: the easing tone will not change, only symbolic adjustments are made. In other words, this is a gradual, moderate policy tweak, far from a signal of large-scale capi
On one side is Japan's "policy extraction." Although the rate hike is in place, it is merely a forced move—an inevitable choice driven by inflation pressures and yen depreciation. More importantly, the Bank of Japan has clearly signaled externally: the easing tone will not change, only symbolic adjustments are made. In other words, this is a gradual, moderate policy tweak, far from a signal of large-scale capi
BTC1.23%