#数字资产市场洞察 The Bank of Japan raised interest rates by 25 basis points as scheduled, and the ripple effects of this move are beginning to manifest in the global financial markets. $BTC $ETH The volatility widened after the policy announcement, and precious metals $XAU also adjusted accordingly. Central bank policy shifts are often important reference indicators for the crypto market, as changes in interest rates directly affect capital risk appetite and allocation. Moving forward, attention should be paid to how the appreciation of the Japanese yen impacts liquidity in the Asia-Pacific region, thereby exerting pressure or support on digital asset prices.