[U.S. Pressures Japan to Raise Interest Rates, Highlighting Bitcoin's Fixed Monetary Policy Advantage] BlockBeats News, September 1: Analysts suggest that U.S. Treasury Secretary Yellen has reportedly urged Japan to raise interest rates to curb the continued depreciation of the yen, highlighting the susceptibility of traditional monetary policies to government and external influences. In contrast, Bitcoin's monetary policy is predetermined by code, with new coin issuance following a fixed schedule and halving approximately every four years, offering greater predictability. However, in the short term, Bitcoin remains vulnerable to shocks from traditional financial markets. If Japan's interest rate hike drives a rapid appreciation of the yen, long-accumulated low-interest yen carry trades may unwind, potentially triggering sell-offs in stocks, bonds, and crypto assets. In August 2024, a rate hike by the Bank of Japan previously strengthened the yen and pressured risk assets, including Bitcoin. From a technical perspective, BTC's 50-day moving average is currently trending upward and nearing a crossover with the 200-day moving average, potentially forming a 'golden cross.' However, analysts note that moving averages are lagging indicators, and the historical predictive effectiveness of the golden cross as a standalone indicator has been inconsistent. [Original Link]