The Bank of Japan's three interest rate hikes have left a profound mark on the crypto market.
On March 19, 2024, the Bank of Japan adjusted its policy rate from -0.1% to the 0%-0.1% range, marking Japan's first rate hike since 2007 and ending over 17 years of negative interest rates. Following the announcement, Bitcoin plummeted from a new high of $72,800 to $63,000, a 12.5% drop in a single day. It continued to be under pressure for the next month, reaching a low of $59,000. As the market gradually digested this policy shift, Bitcoin entered a two-month period of wide-range volatility, eventually returning near new highs.
By July 31, the Bank of Japan's second rate hike triggered an even more intense market reaction—Bitcoin fell 15% in one week. This confirmed a consistent pattern: Japan's monetary policy shifts often trigger phased adjustments in global risk assets.
Looking ahead to December 19, the market widely expects the Bank of Japan to possibly adjust its policy rate again. If the rate hike occurs as anticipated, historical experience suggests Bitcoin may test new lows again, followed by a new period of volatility. During this time, policy changes will be a key variable.
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PumpingCroissant
· 2025-12-17 22:45
I see through the Japanese Central Bank's hand. Every time they raise interest rates, Bitcoin gets hit.
Coming again? Another round in December? LOL, we're just waiting to buy the dip.
From 72,800 down to 59,000, the drop is really outrageous.
Expectations of rate hikes—where's the safe-haven asset? Why has Bitcoin instead become a risk asset?
Historical patterns are there; only the brave dare to get on board this time.
Central bank policies can truly determine life or death; just looking at on-chain data isn't enough.
So, on December 19, we still need to hold our positions well and not get crushed.
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StableCoinKaren
· 2025-12-16 14:56
Is Japan going to raise interest rates again? Then we'll see Bitcoin plunge again, so annoying
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72800 directly drops to 63000, who can withstand this wave?
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When the central bank moves, global assets tremble, truly incredible
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Waiting for December 19th, probably another round of cutting losses
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This logic is actually quite clear, rate hikes lead to drops, it's that simple and brutal
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Last time I dropped 15%, I went all-in to buy the dip. Dare I do the same this time?
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Negative interest rate era is over, the crypto world needs to adapt to the new environment
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The Bank of Japan is truly the natural killer of global risk assets
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PumpAnalyst
· 2025-12-16 14:48
The Bank of Japan is really a market harvester. Every time they raise interest rates, they can precisely harvest the gains. I've already figured out this pattern. On December 19th, at that critical level, everyone must watch your stop-losses carefully.
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DustCollector
· 2025-12-16 14:35
Is the Bank of Japan about to cause trouble again? Oh my, we need to be careful again in December
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Raising interest rates just dumps the market; this pattern has been proven over and over
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Negative interest rates in 2017 came and went, Bitcoin dropped directly by -12.5%, that hurts
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Are we going to wait for another wide-range fluctuation? It's really outrageous, or just be prepared
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I still remember the 15% drop in July; will December be even worse?
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Bank of Japan: I raise interest rates, and global risk assets will follow suit
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Mark December 19th on your calendar; this time, if you don't believe in evil, you'll get tricked
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It seems that wide-range fluctuations are the norm; let's just ride it out together
The Bank of Japan's three interest rate hikes have left a profound mark on the crypto market.
On March 19, 2024, the Bank of Japan adjusted its policy rate from -0.1% to the 0%-0.1% range, marking Japan's first rate hike since 2007 and ending over 17 years of negative interest rates. Following the announcement, Bitcoin plummeted from a new high of $72,800 to $63,000, a 12.5% drop in a single day. It continued to be under pressure for the next month, reaching a low of $59,000. As the market gradually digested this policy shift, Bitcoin entered a two-month period of wide-range volatility, eventually returning near new highs.
By July 31, the Bank of Japan's second rate hike triggered an even more intense market reaction—Bitcoin fell 15% in one week. This confirmed a consistent pattern: Japan's monetary policy shifts often trigger phased adjustments in global risk assets.
Looking ahead to December 19, the market widely expects the Bank of Japan to possibly adjust its policy rate again. If the rate hike occurs as anticipated, historical experience suggests Bitcoin may test new lows again, followed by a new period of volatility. During this time, policy changes will be a key variable.