The US is pressuring Japan to raise interest rates, once again drawing attention to Bitcoin's fixed monetary policy advantages.
2026.09.01 19:37:13
Analysts noted that U.S. Treasury Secretary Scott Bessent was recently reported to have urged Japan to raise interest rates to curb the yen’s sustained depreciation, highlighting that traditional monetary policies are vulnerable to government and external factors. In contrast, Bitcoin’s monetary policy is pre-set by code, with new coin issuance following a fixed schedule and halving approximately every four years, offering greater predictability. However, Bitcoin will still struggle to decouple from traditional financial market shocks in the short term. If Japan’s interest rate hike drives a rapid yen appreciation, long-standing low-yen financing trades may be unwound, triggering sell-offs in stocks, bonds, and crypto assets. In August 2024, a rate hike by the Bank of Japan boosted the yen, putting pressure on risk assets including Bitcoin. Technically, Bitcoin’s 50-day moving average (MA) is currently trending upward and approaching a cross above its 200-day MA, potentially forming a "golden cross". However, analysts argue that moving averages are lagging indicators, and the golden cross’s historical predictive power as a standalone metric is inconsistent.
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