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Trading Type
Spot
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Alpha
Points
Get promising tokens in streamlined on-chain trading
Pre-Market
Trade new tokens before they are officially listed
Margin
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Convert & Block Trading
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Leveraged Tokens
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Futures
Futures
Hundreds of contracts settled in USDT or BTC
Options
HOT
Trade European-style vanilla options
Unified Account
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Demo Trading
Futures Kickoff
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Futures Events
Participate in events to win generous rewards
Demo Trading
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Earn
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
NEW
Be early to the next big token project
Alpha Points
NEW
Trade on-chain assets and enjoy airdrop rewards!
Futures Points
NEW
Earn futures points and claim airdrop rewards
Investment
Simple Earn
Earn interests with idle tokens
Auto-Invest
Auto-invest on a regular basis
Dual Investment
Buy low and sell high to take profits from price fluctuations
Soft Staking
Earn rewards with flexible staking
Crypto Loan
0 Fees
Pledge one crypto to borrow another
Lending Center
One-stop lending hub
VIP Wealth Hub
Customized wealth management empowers your assets growth
Private Wealth Management
Customized asset management to grow your digital assets
Quant Fund
Top asset management team helps you profit without hassle
Staking
Stake cryptos to earn in PoS products
BTC Staking
HOT
Stake BTC and earn 10% APR
GUSD Minting
Use USDT/USDC to mint GUSD for treasury-level yields
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$BTC
The "Yen Carry Trade" and Bitcoin Volatility
The most direct link between the BoJ and Bitcoin is the Yen Carry Trade. For decades, Japan had near-zero or negative interest rates, allowing investors to borrow Yen cheaply and buy high-risk assets like Bitcoin.
The 2025 Context: On December 19, 2025, the BoJ is widely expected to raise interest rates to 0.75%, the highest level in nearly 20 years.
The Crash Pattern: Analysts have noted a striking correlation: Bitcoin has dropped 20–30% following each of the last three BoJ rate hikes (March 2024, July 2024, and January 2025).
The Current Risk: With Bitcoin trading near $85,000–$90,000, a hike-induced "unwind" of carry trades could trigger a correction toward the $70,000 support level as traders sell off risk assets to repay their now-more-expensive Yen loans.