Market Overview: USD/JPY Plunges as Options Market Braces for Storm Today’s market is a bit unsettled. The Bank of Japan raised interest rates by 25 basis points as scheduled, pushing the rate to 0.75%—the highest since 1995. Sounds hawkish, right? But Governor Ueda Kazuo’s comment "Next steps are to be determined" directly undermined market expectations, causing the USD/JPY exchange rate to plummet, down 1.05% to 157.09. In simple terms, the market isn’t craving rate hikes per se, but certainty. The US stock market reacted much more positively. Before the open, Dow futures rose 0.14%, S&P 500 futures up 0.33%, and Nasdaq 100 futures up 0.43%. Chip stocks collectively gained ground, with NVIDIA(NVDA) up 1.36%, Tesla(TSLA) up 1.13%, and Oracle(ORCL) surging 5.95%, driven by T

Bitcoin has maintained resilience above the $90,000 support level, with fresh momentum building toward previously targeted highs around the $97,000-$98,000 zone. The current price action, trading near $88,000-$92,000 range, reflects a market in transition between consolidation and potential

Bitcoin's price near $90,000 has led to significant short liquidations amid volatility, raising concerns about potential breakdowns below $85,000. Key moving averages act as critical thresholds, with risks and trading opportunities present in the current market dynamics.