#加密生态动态追踪 Will the Federal Reserve's rate hikes really crush Bitcoin? Japan's data provides clarity

Whenever the Bank of Japan raises interest rates, the crypto community tends to get nervous. Historically, when the Bank of Japan hikes rates, Bitcoin often enters a correction, with declines exceeding 20% not being uncommon. This pattern is quite evident.

On December 19th, the Bank of Japan acted again—raising interest rates by 25 basis points. The market is now waiting to see how this news will impact. Looking at past trends, in a high-interest-rate environment, the attractiveness of risk assets indeed diminishes. However, whether this cycle will repeat old patterns depends on global liquidity and the Federal Reserve's stance.

An interest rate hike cycle usually means higher funding costs, prompting investors to reassess their allocations to high-risk assets. But Bitcoin, as an alternative asset, has its own logic. Which force will prevail this time and provide a new answer?