Bitcoin May Strengthen After Policy Pressure Release, Says Glassnode Co-Founder

According to BlockBeats, Glassnode co-founder Negentropic stated that the market is not fearful of tightening measures such as interest rate hikes, but rather the uncertainty surrounding them. The normalization of the Bank of Japan's policies provides a clear expectation for the global financing environment, despite short-term leverage pressures. Negentropic noted that yen arbitrage trading has significantly contracted, suggesting that volatility presents opportunities. Bitcoin often strengthens after policy pressures are released, rather than beforehand source: https://www.binance.com/en/square/post/33695961421426?utm_source=BinanceNewsRSS