📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
The central banks of Japan and the US remain idle in sync! The crypto market's market capitalization slightly rises to 3.89 trillion, will a Bear Market come?
After the Fed maintained interest rates for the fifth time, the Bank of Japan also decided to anchor its policy rate at 0.5%, and the global crypto market is holding its breath. Although the total market capitalization slightly rose by 0.76% to $3.89 trillion, BTC, ETH, and XRP all experienced a short-term sharp fall. The Bank of Japan cautiously raised its CPI forecast to 2026, hinting at a potential interest rate hike; the 4.25-4.5% interest rate range from the Fed received 9 votes in support, while 2 votes advocated for a rate cut. Analyst opinions are divided: LVRG warns that the pace of the bull run may slow down, while Apollo Capital believes that under the policy rate game the bear market is unlikely to occur. Liquidity support in the crypto market and tariff policy transmission effects are key variables.
1. The Central Bank's dovish stability: Cautious balance under inflation concerns
After a two-day meeting, the Bank of Japan decided to maintain the Interest Rate at around 0.5%, following the Fed's decision to stay put. Although the decision was unanimously passed, the core trends are worth noting:
2. The Fed freezes interest rates for the fifth time, internal divisions become apparent
The Federal Open Market Committee (FOMC) of the Fed announced that it will keep the interest rate in the 4.25%-4.5% range, marking the fifth consecutive time it has held steady since the meetings in January, March, May, June, and this time.
3. The crypto market is experiencing short-term fluctuations, and the divergence in the future market is intensifying
After the resolution was announced, the crypto market showed a short-term sharp fall followed by stabilization oscillating pattern:
Analysts' opinions collide fiercely:
Conclusion: The synchronized wait-and-see approach of the Japanese and American central banks injects a complex sentiment of caution and observation into the crypto market. The effect of negative news being fully priced in due to the clarification of policies has led to a slight increase in market capitalization, but the intraday flash drop of leading assets like BTC reveals their fragility. The future direction of the market will be deeply tied to two core variables: first, the global liquidity tap — the potential interest rate hike timing of the Bank of Japan and the Fed's interest rate cut path negotiation; second, geoeconomic risks — the impact of U.S. tariff policies on economies like Japan. Under the tripartite policy dilemma of "inflation-growth-trade," the crypto market may struggle to present a one-sided trend, and Structural Volatility will become a characteristic in this phase.