#GAIA #btc$btc #eth The Impact of Yen Rate Hikes
1. Capital Flows and Funding Costs
Reduction in Yen Arbitrage Trading:
As a major low-interest financing currency globally, the Japanese yen is often borrowed for investing in high-risk assets (such as cryptocurrencies). If Japan raises interest rates, borrowing costs increase, potentially shrinking the scale of carry trades, leading some funds to flow back from the crypto space into yen assets, causing short-term downward pressure on the cryptocurrency market.
Liquidity Tightening:
Rate hikes reduce liquidity in global financial markets

#中国央行 #中国政策 The China-US economic war escalates! 13 Chinese ministries join forces to crack down, banning the US from using virtual currency to settle debts
Recently, China pulled off a momentous move—the central bank took the lead, rallying together the Ministry of Public Security, the Cyberspace Administration, and a total of 13 departments for an unprecedented “joint crackdown.”
Who is the target of this crackdown? On the surface, it’s virtual currencies—those red-hot Bitcoin and Ethereum, especially the so-called “digital dollar” stablecoins. But let’s take a step back and look at the bigg