Bitcoin sell-off toward $60K may resume as Japan hikes interest rates
Japan’s highest rates since 1995 are putting global liquidity back in focus as traders anticipate 26%–38% BTC price declines.
Source: cointelegraph.com
Expert opinions (1)
- Anton Erpulev, CEO & Co-Founder at PowerSun Market: Japan's rate hike to 1995 levels matters less for crypto than what it reveals about the structural assumptions we've built into decentralized finance over the past five years. Every DeFi protocol I've evaluated in the blockchain space has been architected during an era of essentially free money.…