The long-awaited bad news finally dropped after a week! #日本加息

The Bank of Japan passed the interest rate hike with a unanimous vote of 9:0. The governor directly stated: The economy and prices are following the script, so we will continue to ramp it up!

The market previously had FUD saying it would be raised to 1.25%, but inflation is still soaring, and the actual interest rates in the private sector are still pitifully low. However, this move basically aligns with expectations and didn't trigger any major surprises.

With this interest rate hike hammer falling, liquidity is going to tighten again. Will the Crypto market shake a bit? Short-term FOMO sentiment may cool down, but in the long run, opportunities often arise from volatility!