📢 The most important reason behind the market crash 🚨

➜ Unemployment Rate

➜ Fear of World War III and sale of Genesis

➜ Bank of Japan raises interest rate ✅

The Bank of Japan recently raised the interest rate for the first time in 17 years.

The last time the interest rate rose was in 2007, just before the recession in the United States 😐

📈 Why is this bearish?

Due to the zero interest rate, Japanese investors were borrowing yen to invest in other markets such as US stocks, cryptocurrencies, etc.

Now, with interest rates rising, borrowed money is no longer free.

This is causing investors to dump their assets and put them back into the yen.

‼️What will happen next?

Either the BOJ or the FED must cut rates sooner; Otherwise, the market bloodbath will continue.

#YearnFinanceTurbulence #BTC☀️ #BullMarket📈 $BTC $ETH