🎯 Japan raising rates hurts crypto first
📰 Sumitomo Mitsui CEO says the BOJ will raise rates again to 1.75% before next summer. As the cost of yen carry trades rises, money starts flowing back home. BTC: $68.5K, down 6.9%; gold and silver, on the other hand, are holding up.
💬 Honestly, this isn’t crypto getting sick—it’s leverage being pulled out of global markets. Retail traders are still stubbornly holding on, while outside money has already slipped away. That really stings.
🏷️ #日本央行 #日元套息 #资金流 #Leverage
📰 Sumitomo Mitsui CEO says the BOJ will raise rates again to 1.75% before next summer. As the cost of yen carry trades rises, money starts flowing back home. BTC: $68.5K, down 6.9%; gold and silver, on the other hand, are holding up.
💬 Honestly, this isn’t crypto getting sick—it’s leverage being pulled out of global markets. Retail traders are still stubbornly holding on, while outside money has already slipped away. That really stings.
🏷️ #日本央行 #日元套息 #资金流 #Leverage