21 giờ trước
Bank of Japan’s Dec. 18 rate hike to 0.75% challenges yen carry trades and Bitcoin demand
On Dec. 18, the Bank of Japan raised its benchmark interest rate to 0.75%, the highest level since 1995, marking a clear departure from its long-running ultra-loose policy. Bitcoin traded near $87,800 after the move, but analysts warned that a sustained tightening path in Japan, combined with possible U.S. rate cuts, could squeeze yen-funded leverage and dampen demand for risk assets, including crypto. Market data also indicated U.S. investors sold into the news, while some observers argued that Japan’s negative real rates and potential balance-sheet dynamics could still support Bitcoin over the longer term.