# YenRateHike

#GateNovTransparencyReportReleased 🔮 Future Outlook | Macro Signals & Crypto Market
Despite concerns around an upcoming Japanese yen rate hike, the crypto market may avoid a risk-off reaction this time.
📌 Key reasons to watch:
Traders are already net long on JPY, reducing the chance of a sudden shock reaction.
Japanese bond yields (short & long term) are at multi-decade highs, meaning markets have largely priced in tighter policy.
The rate hike looks more like policy catching up with reality, not a surprise trigger.
🌍 Meanwhile in the U.S.:
The Federal Reserve cut rates by 25 bps and added