The impact of the Bank of Japan's interest rate hike on Bitcoin or any cryptocurrency can be mainly considered from the following aspects: (mainly depends on the mood of Gouzhuang)

Investor Sentiment: Central bank interest rate hikes are often seen as a measure to combat inflation, meaning the purchasing power of the currency is likely to increase. In this case, investors may move funds from riskier assets, such as Bitcoin, to investments with lower risk or more stable returns, such as bonds or deposits. This could cause the price of Bitcoin to fall.

Currency Value: Raising interest rates will cause the yen to appreciate, which may affect the price at which Bitcoin trades against the yen. If the yen appreciates, the cost of buying Bitcoin with yen will rise, potentially reducing demand for Bitcoin from Japanese investors.

Global market impact: Although the Bank of Japan's policies directly affect the Japanese yen, in the globalized financial market, currencies and asset prices of various countries affect each other. The Bank of Japan's interest rate hike may trigger other central banks to follow suit, or may affect global investors' views on risky assets, thereby affecting the global market price of cryptocurrencies such as Bitcoin.

Economic growth expectations: Interest rate hikes are usually carried out in the context of good economic growth and rising inflationary pressure. If the market interprets that the economy is in a growth phase, this could increase demand for various assets, including Bitcoin, as investors seek higher returns.

Interest rates and returns: Rising interest rates means that the returns on traditional financial products such as time deposits and bonds increase, which may attract funds originally invested in high-risk assets such as Bitcoin to flow into more stable investment channels.

The impact of the Bank of Japan's interest rate hike on Bitcoin is complex and changeable, and requires comprehensive consideration of factors such as the global economic environment, market sentiment, and investor behavior. In addition, as an emerging non-traditional asset, Bitcoin’s price fluctuations are affected by more extensive and complex factors.

The above official general answer does not serve as a main reference. The core points are the following:

The market sentiment driven by the purchasing power of the yen, fund transfers, liquidity withdrawal, risk aversion, and interest rate hike percentages means that how the market interprets it is very important!

While inflation in the United States is currently stable, Xiaori's inflation is rising, which does not seem very rational. The current interest rate in Xiaori is -0.1. If the interest rate does not become positive, that is, +0.1, I think it will not cause over-interpretation by the market. There are too many macro-influencing factors, as well as the rhetoric of the Bank of Japan’s factions. Who has the greater proportion of doves and hawks is also a major concern. , anyway, you can pay attention to cyclical and long-term things. If you do small-cycle and short-term things, I personally think it’s enough to reduce the risk of the position. Don’t worry too much. #日本加息