Bank of Japan meeting minutes: Monetary policy does not target exchange rates, exchange rates should be determined by the market
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The minutes of the Bank of Japan meeting showed that a member stated that the Bank of Japan's monetary policy is not targeted at foreign exchange rates, and that foreign exchange rates should be determined by the market.
Vice Governor of the Bank of Japan, Ryozo Kaneno, stated that a comprehensive analysis of the impact of oil on inflation will be provided in the quarterly forecast updated in July.
According to Gate data, SK Hynix's stock price rose by 6.22%, its market value rose to $1.31 trillion, and its global asset market value ranking rose to 17th place; Micron Technology closed up 8.7% on Thursday, with its market value rising to $1.278 trillion; SK Hynix and Micron Technology both have market values exceeding Bitcoin's $1.261 trillion, and Bitcoin's global asset market value ranking has dropped to 19th place.
According to Onchain Lens monitoring, a giant whale deposited 308100 SOLs worth $21.22 million into Kraken and Bybit, with an estimated loss of $16.06 million. The whale initially extracted these SOLs from Binance for $37.28 million.
Strive CEO Matt Cole stated that the STR C stock rebounded after dropping to a low of $82.50, while SATA rebounded after dropping from near face value to just over $90. Today's price fluctuations were triggered by leveraged liquidation, rather than underlying credit deterioration.
Vice Governor of the Bank of Japan, Ryozo Kaneno, stated that delaying the response to price risks would lead to inflation overshoot and damage the economy.
