I noticed an interesting movement in the market: several members of the Bank of Japan are advocating for an interest rate hike, and it’s already having an effect. The Japanese currency is strengthening, while Bitcoin is falling at the same time. It seems the market is reacting to signals from the central bank.

Usually, when the central bank starts talking about raising rates, it puts pressure on risky assets. Investors shift to more conservative instruments. The yen becomes more attractive, and cryptocurrencies lose ground.

It’s interesting to watch how long this trend will last. If the Bank of Japan truly begins tightening monetary policy, the Japanese currency could continue to rise, which would put even more pressure on crypto. For now, we’re sitting and observing how the situation develops.