The Bank of Japan has started selling 830 trillion yen worth of ETFs, with a selling cycle lasting up to 112 years, averaging over 600 billion yen (about 50 billion USD) annually. The small country has finally announced decades-long quantitative easing policies, which may have short-term impacts on US stocks and cryptocurrencies. In the long run, future assets can only rely on their own solid fundamentals. The market is transitioning from a liquidity pricing phase to a "cash flow + real demand pricing" phase. While mainstream assets have demand, Bitcoin is considered digital gold with value storage capabilities, whereas altcoins lack real income and will continue to face pressure in the future! $ETH #ETH走势分析
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The Bank of Japan has started selling 830 trillion yen worth of ETFs, with a selling cycle lasting up to 112 years, averaging over 600 billion yen (about 50 billion USD) annually. The small country has finally announced decades-long quantitative easing policies, which may have short-term impacts on US stocks and cryptocurrencies. In the long run, future assets can only rely on their own solid fundamentals. The market is transitioning from a liquidity pricing phase to a "cash flow + real demand pricing" phase. While mainstream assets have demand, Bitcoin is considered digital gold with value storage capabilities, whereas altcoins lack real income and will continue to face pressure in the future! $ETH #ETH走势分析