#数字资产动态追踪 $SUI $PEPE $XRP | The Bank of Japan raises interest rates significantly for the first time in 26 years, causing a major shift in the global liquidity landscape
Yesterday, the Bank of Japan announced that the policy interest rate was raised to 0.75%, the highest level since 1995. Governor Ueda Kazuo explicitly stated that as long as inflation remains above the target, the pace of rate hikes will not stop—aiming for 1.25% by 2026. The background is clear: Japan has experienced inflation exceeding 2% for 18 consecutive months, and it can no longer be contained.
The ripple effects of this shift are just beginning to spread.
First, look at the liquidity side. The tens of trillions of dollars in yen carry trade funds (from retail investors to Wall Street institutions) are accelerating their withdrawal from US tech stocks, US Treasuries, and digital assets, flowing back to Japan in search of higher yields. Historically, every time the Bank of Japan changes its policy stance, Bitcoin has experienced a 20%-30% correction. This round of risks is also worth vigilance.
Second, Japan’s own debt dilemma. Government debt is equivalent to 263% of GDP, surpassing the levels during the Greek crisis. Once rate hikes begin, annual debt servicing costs will break through 30 trillion yen for the first time. Meanwhile, the government is still pushing a massive budget of 122.3 trillion yen—this contradiction between tightening monetary policy and expanding fiscal policy could trigger market shocks at any time.
The crypto market is directly affected. As liquidity tightens, those altcoins and meme coins (including projects like PEPE) that rely on leverage and overvalued assets will see bubbles accelerate their deflation. Volatility is already on the rise.
On the other hand, in the US, gold reserves have surpassed a market value of $1 trillion. Revalued at current prices, this is equivalent to nearly a trillion dollars of implicit liquidity. Safe-haven funds have long been moving in response, and Goldman Sachs predicts gold prices will surge to $4,000 by 2026.
Global capital is seeking new safe havens. Cross-border RMB settlements have surged to 12%, and RMB settlements in Saudi oil transactions are approaching 50%. Foreign investors continue to buy Chinese government bonds and A-shares.
The core issue is clear: the turning point of global liquidity has been established, and the era of massive liquidity injections is over. Should your assets be anchored in the US dollar, follow the yen’s trend, or allocate in RMB? This choice could determine your next phase of gains.