币圈掘金人
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Japan's interest rate hike 'gentle knife' cuts into the crypto market: As the era of cheap yen comes to an end, the BTC $84,000 battle of life and death is imminent.
The split market of ice and fire is tearing apart the faith of every crypto investor.
Last night, the Nasdaq 100 index rose over 1.38%, Tesla surged 3% in a single day, and the S&P 500 steadily climbed 0.79%, with tech blue chips celebrating across the board. Meanwhile, Bitcoin plummeted from $85,608 to the $83,800 range, a decline of 2.8%; Ethereum fared even worse, crashing to $2,833, down 4.46%, and even the stock prices of compliant trading platforms dropped over 2%.
This bizarre divergence of 'US stocks rising, crypto falling' is being driven by the awakening of a financial giant — the Bank of Japan is about to wield its interest rate hike sword on December 19.
Last night, the Nasdaq 100 index rose over 1.38%, Tesla surged 3% in a single day, and the S&P 500 steadily climbed 0.79%, with tech blue chips celebrating across the board. Meanwhile, Bitcoin plummeted from $85,608 to the $83,800 range, a decline of 2.8%; Ethereum fared even worse, crashing to $2,833, down 4.46%, and even the stock prices of compliant trading platforms dropped over 2%.
This bizarre divergence of 'US stocks rising, crypto falling' is being driven by the awakening of a financial giant — the Bank of Japan is about to wield its interest rate hike sword on December 19.
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