In current market commentary, traders emphasize that the key driver is uncertainty rather than mere rate shifts. The Bank of Japan‘s move toward policy normalization is reshaping the global funding environment, likely keeping leverage under pressure in the near term as liquidity tightens and risk metrics stay in focus.
Yen carry trades have contracted amid shifting macro dynamics, narrowing funding premia and potentially recalibrating crypto markets. As volatility settles, Bitcoin historically strengthens when policy momentum eases, supporting a nascent uptrend once macro chaos subsides.
COINOTAG reports that Negentropic, co-founder of Glassnode, views the calmer backdrop as sharpening signals and expanding the case for asymmetric upside risk in Bitcoin and broader crypto assets.
Source: https://en.coinotag.com/breakingnews/bitcoin-poised-for-asymmetric-upside-as-policy-pressure-eases-negentropic-says
