#BTC Many people say that this fall is related to Japan's interest rate hike, but that's actually not true. The big dump today started directly at 8 AM and fell to the lowest point, while Japan announced the interest rate hike after 9 AM (around 10 AM Japan time). Therefore, the most likely cause is still the influence of China's policies.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
#BTC Many people say that this fall is related to Japan's interest rate hike, but that's actually not true. The big dump today started directly at 8 AM and fell to the lowest point, while Japan announced the interest rate hike after 9 AM (around 10 AM Japan time). Therefore, the most likely cause is still the influence of China's policies.