[Crypto World] On December 5, Japan’s Chief Cabinet Secretary Yoshimasa Hayashi stated that if the foreign exchange market experiences sharp or uncontrolled fluctuations, the government will intervene when necessary.
This statement sounds quite official, but the signal behind it is not simple. Recently, the yen-to-dollar exchange rate has been unstable, and with the tightening of global liquidity, central banks worldwide are closely watching exchange rates. Although Japan didn’t specify exactly how it would intervene, the words “appropriate measures” are already powerful enough as a deterrent.
For the crypto space, turmoil in the forex market often spills over into crypto assets. After all, capital flows between different markets, and if the yen does experience significant fluctuations, it could affect Japanese investors’ risk appetite and asset allocation strategies.
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SchrodingerAirdrop
· 12-05 14:56
Japan is about to make a big move again, and it seems they're really anxious this time. The yen needs to hold steady in this round.
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MevTears
· 12-05 08:30
Japan wants to print money and intervene again? The yen just got even weaker.
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Whenever the central bank steps in, Japanese investors have to take a loss—there’s no escape even in crypto.
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This wave of yen depreciation is actually pretty friendly for those of us shorting the dollar.
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"Appropriate measures" is just a code word—if it really happens, better be ready for liquidation.
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Is the Japanese government signaling for capital to flee? The smart money already left.
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Another central bank is playing with fire—crypto liquidity could get interesting now.
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With the yen collapsing, where will the funds flow? Definitely not to traditional assets.
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Minoru Kihara’s words are vague enough—when they actually take action, we’ll see how ruthless it is.
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ApeWithNoChain
· 12-05 08:27
Japan is just sending signals to the capital market—basically, they're afraid a yen collapse will spill over into crypto.
Here we go again, whenever the central bank steps in, it’s never a good thing.
If the yen gets chaotic, we’ll suffer too. You really can’t get around the capital flow chain.
This round is probably just a cover for their upcoming moves.
It sounds all official, but in reality, they’re just letting the word out before dumping the market.
But Japan really dares to speak up, what about the Fed? Haven’t heard a peep from them.
Retail investors have it tough, the big institutions probably bailed long ago.
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Blockchainiac
· 12-05 08:06
The Japanese authorities are being mysterious again. What does "intervene when necessary" even mean? To put it bluntly, it means they'll only step in when the yen is about to collapse. Right now, they're just making tough statements to intimidate people.
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CoffeeNFTrader
· 12-05 08:03
Up to something again? Japan is setting a trap for retail investors, haha.
This is just a feint by Japan—sounds nice, but nobody actually believes it.
When the yen crashes, that's the real opportunity to buy the dip. Just waiting for it.
Whenever the central bank makes a move, the crypto market trembles too. I see right through this.
Instead of worrying about the exchange rate, better keep an eye on your own positions, bro.
Isn't government intervention supposed to be bullish? Once the market stabilizes, it's easier to squeeze the retail investors.
It's that same old "we're ready" line—tired of hearing it already.
Don't even think about it until something actually happens with the yen—no point in being anxious.
After this round of moves, Japanese investors are probably going to run for the exits...
Japanese authorities speak out: If the foreign exchange market gets out of control, the government is ready to intervene at any time
[Crypto World] On December 5, Japan’s Chief Cabinet Secretary Yoshimasa Hayashi stated that if the foreign exchange market experiences sharp or uncontrolled fluctuations, the government will intervene when necessary.
This statement sounds quite official, but the signal behind it is not simple. Recently, the yen-to-dollar exchange rate has been unstable, and with the tightening of global liquidity, central banks worldwide are closely watching exchange rates. Although Japan didn’t specify exactly how it would intervene, the words “appropriate measures” are already powerful enough as a deterrent.
For the crypto space, turmoil in the forex market often spills over into crypto assets. After all, capital flows between different markets, and if the yen does experience significant fluctuations, it could affect Japanese investors’ risk appetite and asset allocation strategies.