Ch&iacute;nh ph&#7911; m&#7899;i c&#7911;a Nh&#7853;t B&#7843;n &#273;ang l&ecirc;n k&#7871; ho&#7841;ch tri&#7875;n khai g&oacute;i k&iacute;ch th&iacute;ch v&#432;&#7907;t 17 ngh&igrave;n t&#7927; y&ecirc;n (kho&#7843;ng 110 t&#7927; USD) &#273;&#7875; &#273;&#7889;i ph&oacute; v&#7899;i gi&aacute; c&#7843; leo thang v&agrave; kh&ocirc;i ph&#7909;c &#273;&#7897;ng l&#7921;c kinh t&#7871;. &#272;&#7897;ng th&aacute;i n&agrave;y &#273;&#432;&#7907;c &#273;&#432;a ra sau khi n&#7873;n kinh t&#7871; Nh&#7853;t B&#7843;n gi&#7843;m 1.8% h&agrave;ng n&#259;m trong qu&yacute; 3 n&#259;m 2025, ch&#7845;m d&#7913;t chu&#7895;i t&#259;ng tr&#432;&#7903;ng s&aacute;u qu&yacute; li&ecirc;n ti&#7871;p.
C&aacute;c nh&agrave; ph&acirc;n t&iacute;ch cho r&#7857;ng quy m&ocirc; t&#259;ng thanh kho&#7843;n n&agrave;y c&oacute; th&#7875; g&acirc;y &aacute;p l&#7921;c m&#7899;i l&ecirc;n &#273;&#7891;ng y&ecirc;n v&agrave; chuy&#7875;n h&#432;&#7899;ng v&#7889;n t&#7899;i c&aacute;c t&agrave;i s&#7843;n r&#7911;i ro, bao g&#7891;m c&#7843; Bitcoin (BTC).
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-japan-s-economic-contraction-fuels-policy-response">S&#7921; thu h&#7865;p kinh t&#7871; Nh&#7853;t B&#7843;n th&uacute;c &#273;&#7849;y ph&#7843;n &#7913;ng ch&iacute;nh s&aacute;ch</h2>

Theo Bloomberg, <a href="https://beincrypto.com/learn/protect-yourself-from-inflation-using-cryptocurrency/" target="_blank" rel="noreferrer noopener">n&#7873;n kinh t&#7871; gi&#7843;m nh&#7865; h&#417;n</a> so v&#7899;i d&#7921; &#273;o&aacute;n c&#7911;a nhi&#7873;u nh&agrave; kinh t&#7871;. C&aacute;c d&#7921; b&aacute;o tr&#432;&#7899;c &#273;&oacute; ch&#7881; ra m&#7913;c gi&#7843;m 2.4%, v&igrave; v&#7853;y m&#7913;c gi&#7843;m th&#7921;c t&#7871; 1.8% c&#361;ng &#273;&atilde; nh&#7865; nh&agrave;ng h&#417;n. D&ugrave; v&#7853;y, t&#259;ng tr&#432;&#7903;ng &acirc;m v&#7851;n b&aacute;o hi&#7879;u m&#7897;t s&#7921; thay &#273;&#7893;i quan tr&#7885;ng sau 18 th&aacute;ng m&#7903; r&#7897;ng.
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&ldquo;N&#7873;n kinh t&#7871; Nh&#7853;t B&#7843;n r&#7845;t t&#7889;t trong n&#7917;a &#273;&#7847;u n&#259;m v&agrave; GDP h&ocirc;m nay cho th&#7845;y &#273;&#7897;ng l&#7921;c &#273;&atilde; t&#7841;m d&#7915;ng. T&ocirc;i k&#7923; v&#7885;ng kinh t&#7871; Nh&#7853;t B&#7843;n s&#7869; tr&#7903; l&#7841;i xu h&#432;&#7899;ng ph&#7909;c h&#7891;i v&#7915;a ph&#7843;i trong th&#7901;i gian t&#7899;i.&rdquo; Yoshimasa Maruyama, nh&agrave; kinh t&#7871; tr&#432;&#7903;ng t&#7841;i SMBC Nikko Securities cho bi&#7871;t.
</blockquote>

<img style="height:400px;width:640px;" decoding="async" alt="Bi&#7875;u &#273;&#7891; t&#259;ng tr&#432;&#7903;ng GDP Nh&#7853;t B&#7843;n cho th&#7845;y s&#7921; suy gi&#7843;m trong qu&yacute; 3 n&#259;m 2025" class="wp-image-773767 lazy" loading="lazy" src="https://assets.beincrypto.com/img/ulIKKsmrTIOqMp8I8jY8tGMeEpY=/smart/9e4fa5a94b0d4ecbbf9c321aa6d1ec47">N&#7873;n kinh t&#7871; Nh&#7853;t B&#7843;n suy gi&#7843;m trong qu&yacute; 3 n&#259;m 2025. Ngu&#7891;n: <a href="https://www.bloomberg.com/news/articles/2025-11-17/japan-s-gdp-shrinks-backing-takaichi-s-case-for-fiscal-stimulus" target="_blank" rel="noreferrer noopener nofollow">Bloomberg</a>

S&#7921; suy gi&#7843;m GDP n&agrave;y cung c&#7845;p th&ecirc;m s&#7921; &#7911;ng h&#7897; cho Th&#7911; t&#432;&#7899;ng Takaichi trong k&#7871; ho&#7841;ch t&agrave;i ch&iacute;nh tham v&#7885;ng c&#7911;a b&agrave; v&#7899;i g&oacute;i k&iacute;ch th&iacute;ch 17 ngh&igrave;n t&#7927; y&ecirc;n.
<blockquote class="max-w-xl text-4.5 border-l-2 border-blue-600 pl-11 mb-9 select-all [&amp;_p]:!mb-0 wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
&ldquo;Nh&#7853;t B&#7843;n &#273;ang c&#7889; g&#7855;ng gi&uacute;p c&aacute;c h&#7897; gia &#273;&igrave;nh h&#7845;p th&#7909; m&#7913;c gi&aacute; cao h&#417;n m&agrave; kh&ocirc;ng bu&#7897;c ng&acirc;n h&agrave;ng trung &#432;&#417;ng ph&#7843;i phanh g&#7845;p, &#273;&#7891;ng th&#7901;i t&agrave;i tr&#7907; cho c&aacute;c ng&agrave;nh c&ocirc;ng nghi&#7879;p m&agrave; ph&#7843;i l&agrave; tr&#7909; c&#7897;t trong th&#7853;p k&#7927; t&#7899;i. Nh&#7853;t B&#7843;n l&agrave; b&agrave;i ki&#7875;m tra th&#7917; nghi&#7879;m. M&#7929; l&agrave; kh&aacute;n gi&#7843;. V&agrave; hi&#7879;u &#7913;ng lan t&#7887;a s&#7869; cho ch&uacute;ng ta bi&#7871;t nhi&#7873;u h&#417;n v&#7873; th&#7853;p k&#7927; t&#7899;i so v&#7899;i b&#7845;t k&#7923; con s&#7889; ti&ecirc;u &#273;&#7873; n&agrave;o,&rdquo; m&#7897;t nh&agrave; ph&acirc;n t&iacute;ch &#273;&atilde; <a href="https://x.com/onechancefreedm/status/1990099861581013373" target="_blank" rel="noreferrer noopener nofollow">vi&#7871;t</a>.
</blockquote>

D&ugrave; v&#7853;y, th&#7901;i &#273;i&#7875;m n&agrave;y l&#7841;i t&#7841;o ra m&#7897;t s&#7921; ph&acirc;n k&#7923; k&#7923; l&#7841;: Trong khi ch&iacute;nh ph&#7911; Nh&#7853;t chu&#7849;n b&#7883; b&#417;m m&#7897;t l&#432;&#7907;ng k&iacute;ch th&iacute;ch l&#7899;n, Ng&acirc;n h&agrave;ng Nh&#7853;t B&#7843;n v&#7851;n s&#7861;n s&agrave;ng cho kh&#7843; n&#259;ng t&#259;ng l&atilde;i su&#7845;t. Ng&acirc;n h&agrave;ng Nh&#7853;t B&#7843;n gi&#7919; nguy&ecirc;n l&atilde;i su&#7845;t chu&#7849;n &#7903; m&#7913;c 0.5% t&#7841;i cu&#7897;c h&#7885;p cu&#7889;i v&agrave;o th&aacute;ng 10.
D&ugrave; v&#7853;y, Th&#7889;ng &#273;&#7889;c Ueda &#273;&atilde; g&#7907;i &yacute; r&#7857;ng &#273;i&#7873;u ki&#7879;n c&oacute; th&#7875; khi&#7871;n t&#259;ng l&atilde;i su&#7845;t s&#7899;m nh&#7845;t l&agrave; v&agrave;o th&aacute;ng 12. S&#7921; k&#7871;t h&#7907;p n&agrave;y c&oacute; th&#7875; <a href="https://vn.beincrypto.com/japan-exchange-group-stricter-crypto-treasury-rules/" target="_blank" rel="noreferrer noopener">g&acirc;y ra bi&#7871;n &#273;&#7897;ng ti&#7873;n t&#7879;</a> v&agrave; chuy&#7875;n h&#432;&#7899;ng d&ograve;ng v&#7889;n to&agrave;n c&#7847;u.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-what-does-it-mean-for-bitcoin">&Yacute; ngh&#297;a c&#7911;a &#273;i&#7873;u n&agrave;y &#273;&#7889;i v&#7899;i Bitcoin l&agrave; g&igrave;?</h2>

Trong khi &#273;&oacute;, c&aacute;c nh&agrave; ph&acirc;n t&iacute;ch th&#7883; tr&#432;&#7901;ng d&#7921; &#273;o&aacute;n r&#7857;ng m&#7897;t l&#432;&#7907;ng l&#7899;n thanh kho&#7843;n c&oacute; th&#7875; l&agrave;m suy y&#7871;u &#273;&#7891;ng y&ecirc;n. Khi c&aacute;c ch&iacute;nh ph&#7911; gia t&#259;ng cung ti&#7873;n, &#273;&#7891;ng ti&#7873;n th&#432;&#7901;ng suy gi&#7843;m v&agrave; c&aacute;c nh&agrave; &#273;&#7847;u t&#432; s&#7869; t&igrave;m &#273;&#7871;n c&aacute;c h&igrave;nh th&#7913;c l&#432;u gi&#7919; gi&aacute; tr&#7883; thay th&#7871;, &#273;&#7863;c bi&#7879;t l&agrave; nh&#7919;ng h&igrave;nh th&#7913;c &#273;&#432;&#7907;c coi nh&#432; <a href="https://beincrypto.com/learn/bitcoin-vs-gold/" target="_blank" rel="noreferrer noopener">ph&ograve;ng ng&#7915;a l&#7841;m ph&aacute;t</a>.
Bitcoin th&#432;&#7901;ng &#273;&#432;&#7907;c h&#432;&#7903;ng l&#7907;i t&#7915; nh&#7919;ng &#273;&#7897;ng th&aacute;i nh&#432; v&#7853;y. Ti&#7873;n &#273;i&#7879;n t&#7917; n&agrave;y thu h&uacute;t v&#7889;n trong <a href="https://vn.beincrypto.com/analysts-bet-on-crypto-dollar-collapse-growth/" target="_blank" rel="noreferrer noopener">th&#7901;i k&#7923; &#273;&#7891;ng ti&#7873;n m&#7845;t gi&aacute;</a> v&agrave; k&iacute;ch th&iacute;ch t&agrave;i ch&iacute;nh. C&aacute;c nh&agrave; ph&acirc;n t&iacute;ch cho r&#7857;ng thanh kho&#7843;n th&#432;&#7901;ng ch&#7843;y v&agrave;o c&aacute;c t&agrave;i s&#7843;n r&#7911;i ro tr&#432;&#7899;c khi &#273;&#7871;n v&#7899;i c&aacute;c th&#7883; tr&#432;&#7901;ng r&#7897;ng l&#7899;n h&#417;n.
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&ldquo;Khi Nh&#7853;t B&#7843;n b&#7853;t v&ograve;i t&agrave;i ch&iacute;nh, &#273;&#7891;ng y&ecirc;n suy y&#7871;u, v&#7889;n di chuy&#7875;n ra ngo&agrave;i, v&agrave; thanh kho&#7843;n to&agrave;n c&#7847;u t&#259;ng l&ecirc;n. V&agrave; m&#7895;i khi &#273;i&#7873;u &#273;&oacute; x&#7843;y ra, Bitcoin ph&#7843;n &#7913;ng tr&#432;&#7899;c. N&#7871;u g&oacute;i n&agrave;y &#273;&#432;&#7907;c th&ocirc;ng qua, n&oacute; s&#7869; tr&#7903; th&agrave;nh m&#7897;t trong nh&#7919;ng &#273;&#7897;ng l&#7921;c v&#297; m&ocirc; m&#7841;nh nh&#7845;t v&agrave;o n&#259;m 2026. L&agrave;n s&oacute;ng thanh kho&#7843;n &#273;ang d&#7847;n h&igrave;nh th&agrave;nh, m&#7897;t c&aacute;ch &acirc;m th&#7847;m,&rdquo; m&#7897;t nh&agrave; ph&acirc;n t&iacute;ch <a href="https://x.com/AkaBull_/status/1990095245942624626" target="_blank" rel="noreferrer noopener nofollow">b&#7893; sung</a>.
</blockquote>

Th&#7901;i &#273;i&#7875;m n&agrave;y tr&ugrave;ng v&#7899;i giai &#273;o&#7841;n n&#7899;i l&#7887;ng tr&ecirc;n to&agrave;n c&#7847;u. M&#7897;t ng&#432;&#7901;i theo d&otilde;i th&#7883; tr&#432;&#7901;ng ghi ch&uacute; r&#7857;ng t&#7841;i M&#7929;, <a href="https://vn.beincrypto.com/congress-ends-43-day-us-shutdown/" target="_blank" rel="noreferrer noopener">k&#7871;t th&uacute;c vi&#7879;c &#273;&oacute;ng c&#7917;a ch&iacute;nh ph&#7911;</a>, s&#7889; d&#432; t&agrave;i kho&#7843;n chung c&#7911;a Kho b&#7841;c g&#7847;n 960 t&#7927; USD, v&agrave; d&#7921; b&aacute;o t&#7915; JP Morgan r&#7857;ng kho&#7843;ng 300 t&#7927; USD s&#7869; ch&#7843;y ra t&#7915; t&agrave;i kho&#7843;n TGA trong v&agrave;i tu&#7847;n t&#7899;i &#273;&#7873;u ch&#7881; ra s&#7921; gia t&#259;ng thanh kho&#7843;n c&#7911;a &#273;&#7891;ng USD. &#272;&#7891;ng th&#7901;i, chu k&#7923; <a href="https://vn.beincrypto.com/crypto-bubble-macro-warning-fed-liquidity-push/" target="_blank" rel="noreferrer noopener">th&#7855;t ch&#7863;t &#273;&#7883;nh l&#432;&#7907;ng c&#7911;a C&#7909;c D&#7921; tr&#7919; Li&ecirc;n bang</a> &#273;ang ch&#7853;m l&#7841;i v&agrave; d&#7921; ki&#7871;n k&#7871;t th&uacute;c v&agrave;o ng&agrave;y 01/12.
Trung Qu&#7889;c &#273;ang b&#7893; sung v&agrave;o b&#7889;i c&#7843;nh n&agrave;y b&#7857;ng c&aacute;ch li&ecirc;n t&#7909;c b&#417;m h&#417;n 1 ngh&igrave;n t&#7927; y&ecirc;n v&agrave;o n&#7873;n kinh t&#7871; c&#7911;a h&#7885; m&#7895;i tu&#7847;n. Nh&#7919;ng ph&aacute;t tri&#7875;n n&agrave;y cho th&#7845;y thanh kho&#7843;n to&agrave;n c&#7847;u &#273;ang tr&#7903; n&ecirc;n d&#7877; d&agrave;ng h&#417;n &mdash; &#273;&#7889;i l&#7853;p v&#7899;i s&#7921; th&#7855;t ch&#7863;t &#273;&atilde; th&#7845;y v&agrave;o cu&#7889;i n&#259;m 2021.
Nh&agrave; ph&acirc;n t&iacute;ch cho r&#7857;ng m&ocirc;i tr&#432;&#7901;ng n&agrave;y t&#259;ng kh&#7843; n&#259;ng r&#7857;ng <a href="https://vn.beincrypto.com/bitcoin-rebounds-extreme-fear-liquidations/" target="_blank" rel="noreferrer noopener">s&#7921; y&#7871;u k&eacute;m g&#7847;n &#273;&acirc;y c&#7911;a Bitcoin c&oacute; th&#7875; l&agrave; b&#7851;y gi&#7843;m gi&aacute;</a>, v&#7899;i t&agrave;i s&#7843;n n&agrave;y c&oacute; kh&#7843; n&#259;ng &#273;ang chu&#7849;n b&#7883; cho m&#7897;t &#273;&#7897;ng th&aacute;i m&#7841;nh h&#417;n khi thanh kho&#7843;n m&#7903; r&#7897;ng tr&ecirc;n to&agrave;n c&#7847;u.
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&ldquo;&#272;i&#7873;u n&agrave;y kh&ocirc;ng c&oacute; ngh&#297;a l&agrave; ngay l&#7853;p t&#7913;c bay l&ecirc;n m&#7863;t tr&#259;ng. N&oacute; c&oacute; ngh&#297;a l&agrave; BTC c&oacute; kh&#7843; n&#259;ng &#273;ang trong m&#7897;t b&#7851;y gi&#7843;m gi&aacute;, tr&#432;&#7899;c khi &#273;&#7897;ng th&aacute;i ti&#7871;p theo c&oacute; th&#7875; b&#7855;t &#273;&#7847;u,&rdquo; Bull Theory <a href="https://x.com/BullTheoryio/status/1990029839458607555" target="_blank" rel="noreferrer noopener nofollow">n&oacute;i</a>.
</blockquote>

Th&#7901;i gian t&#7899;i s&#7869; cho th&#7845;y li&#7879;u l&#7907;i &iacute;ch c&#7911;a s&#7921; thu h&#7865;p c&#7911;a Nh&#7853;t B&#7843;n v&agrave; g&oacute;i k&iacute;ch th&iacute;ch c&oacute; t&#7841;o ra &#273;&#7907;t t&#259;ng gi&aacute; Bitcoin nh&#432; mong &#273;&#7907;i hay kh&ocirc;ng. Khi thanh kho&#7843;n to&agrave;n c&#7847;u thay &#273;&#7893;i, nh&#7919;ng ng&#432;&#7901;i tham gia th&#7883; tr&#432;&#7901;ng s&#7869; theo d&otilde;i c&#7843; ch&#7881; s&#7889; truy&#7873;n th&#7889;ng v&agrave; ch&#7881; s&#7889; ti&#7873;n &#273;i&#7879;n t&#7917; &#273;&#7875; nh&#7853;n ra xu h&#432;&#7899;ng l&#7899;n ti&#7871;p theo.

Nhật Bản công bố gói kích thích 110 tỷ USD — Liệu Bitcoin có hưởng lợi không?

Ch&iacute;nh ph&#7911; m&#7899;i c&#7911;a Nh&#7853;t B&#7843;n &#273;ang l&ecirc;n k&#7871; ho&#7841;ch tri&#7875;n khai g&oacute;i k&iacute;ch th&iacute;ch v&#432;&#7907;t 17 ngh&igrave;n t&#7927; y&ecirc;n (kho&#7843;ng 110 t&#7927; USD) &#273;&#7875; &#273;&#7889;i ph&oacute; v&#7899;i gi&aacute; c&#7843; leo thang v&agrave; kh&ocirc;i ph&#7909;c &#273;&#7897;ng l&#7921;c kinh t&#7871;. &#272;&#7897;ng th&aacute;i n&agrave;y &#273;&#432;&#7907;c &#273;&#432;a ra sau khi n&#7873;n kinh t&#7871; Nh&#7853;t B&#7843;n gi&#7843;m 1.8% h&agrave;ng n&#259;m trong qu&yacute; 3 n&#259;m 2025, ch&#7845;m d&#7913;t chu&#7895;i t&#259;ng tr&#432;&#7903;ng s&aacute;u qu&yacute; li&ecirc;n ti&#7871;p.
C&aacute;c nh&agrave; ph&acirc;n t&iacute;ch cho r&#7857;ng quy m&ocirc; t&#259;ng thanh kho&#7843;n n&agrave;y c&oacute; th&#7875; g&acirc;y &aacute;p l&#7921;c m&#7899;i l&ecirc;n &#273;&#7891;ng y&ecirc;n v&agrave; chuy&#7875;n h&#432;&#7899;ng v&#7889;n t&#7899;i c&aacute;c t&agrave;i s&#7843;n r&#7911;i ro, bao g&#7891;m c&#7843; Bitcoin (BTC).
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-japan-s-economic-contraction-fuels-policy-response">S&#7921; thu h&#7865;p kinh t&#7871; Nh&#7853;t B&#7843;n th&uacute;c &#273;&#7849;y ph&#7843;n &#7913;ng ch&iacute;nh s&aacute;ch</h2>

Theo Bloomberg, <a href="https://beincrypto.com/learn/protect-yourself-from-inflation-using-cryptocurrency/" target="_blank" rel="noreferrer noopener">n&#7873;n kinh t&#7871; gi&#7843;m nh&#7865; h&#417;n</a> so v&#7899;i d&#7921; &#273;o&aacute;n c&#7911;a nhi&#7873;u nh&agrave; kinh t&#7871;. C&aacute;c d&#7921; b&aacute;o tr&#432;&#7899;c &#273;&oacute; ch&#7881; ra m&#7913;c gi&#7843;m 2.4%, v&igrave; v&#7853;y m&#7913;c gi&#7843;m th&#7921;c t&#7871; 1.8% c&#361;ng &#273;&atilde; nh&#7865; nh&agrave;ng h&#417;n. D&ugrave; v&#7853;y, t&#259;ng tr&#432;&#7903;ng &acirc;m v&#7851;n b&aacute;o hi&#7879;u m&#7897;t s&#7921; thay &#273;&#7893;i quan tr&#7885;ng sau 18 th&aacute;ng m&#7903; r&#7897;ng.
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&ldquo;N&#7873;n kinh t&#7871; Nh&#7853;t B&#7843;n r&#7845;t t&#7889;t trong n&#7917;a &#273;&#7847;u n&#259;m v&agrave; GDP h&ocirc;m nay cho th&#7845;y &#273;&#7897;ng l&#7921;c &#273;&atilde; t&#7841;m d&#7915;ng. T&ocirc;i k&#7923; v&#7885;ng kinh t&#7871; Nh&#7853;t B&#7843;n s&#7869; tr&#7903; l&#7841;i xu h&#432;&#7899;ng ph&#7909;c h&#7891;i v&#7915;a ph&#7843;i trong th&#7901;i gian t&#7899;i.&rdquo; Yoshimasa Maruyama, nh&agrave; kinh t&#7871; tr&#432;&#7903;ng t&#7841;i SMBC Nikko Securities cho bi&#7871;t.
</blockquote>

<img style="height:400px;width:640px;"decoding="async" alt="Bi&#7875;u &#273;&#7891; t&#259;ng tr&#432;&#7903;ng GDP Nh&#7853;t B&#7843;n cho th&#7845;y s&#7921; suy gi&#7843;m trong qu&yacute; 3 n&#259;m 2025" class="wp-image-773767 lazy" loading="lazy" src="https://assets.beincrypto.com/img/ulIKKsmrTIOqMp8I8jY8tGMeEpY=/smart/9e4fa5a94b0d4ecbbf9c321aa6d1ec47">N&#7873;n kinh t&#7871; Nh&#7853;t B&#7843;n suy gi&#7843;m trong qu&yacute; 3 n&#259;m 2025. Ngu&#7891;n: <a href="https://www.bloomberg.com/news/articles/2025-11-17/japan-s-gdp-shrinks-backing-takaichi-s-case-for-fiscal-stimulus" target="_blank" rel="noreferrer noopener nofollow">Bloomberg</a>

S&#7921; suy gi&#7843;m GDP n&agrave;y cung c&#7845;p th&ecirc;m s&#7921; &#7911;ng h&#7897; cho Th&#7911; t&#432;&#7899;ng Takaichi trong k&#7871; ho&#7841;ch t&agrave;i ch&iacute;nh tham v&#7885;ng c&#7911;a b&agrave; v&#7899;i g&oacute;i k&iacute;ch th&iacute;ch 17 ngh&igrave;n t&#7927; y&ecirc;n.
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&ldquo;Nh&#7853;t B&#7843;n &#273;ang c&#7889; g&#7855;ng gi&uacute;p c&aacute;c h&#7897; gia &#273;&igrave;nh h&#7845;p th&#7909; m&#7913;c gi&aacute; cao h&#417;n m&agrave; kh&ocirc;ng bu&#7897;c ng&acirc;n h&agrave;ng trung &#432;&#417;ng ph&#7843;i phanh g&#7845;p, &#273;&#7891;ng th&#7901;i t&agrave;i tr&#7907; cho c&aacute;c ng&agrave;nh c&ocirc;ng nghi&#7879;p m&agrave; ph&#7843;i l&agrave; tr&#7909; c&#7897;t trong th&#7853;p k&#7927; t&#7899;i. Nh&#7853;t B&#7843;n l&agrave; b&agrave;i ki&#7875;m tra th&#7917; nghi&#7879;m. M&#7929; l&agrave; kh&aacute;n gi&#7843;. V&agrave; hi&#7879;u &#7913;ng lan t&#7887;a s&#7869; cho ch&uacute;ng ta bi&#7871;t nhi&#7873;u h&#417;n v&#7873; th&#7853;p k&#7927; t&#7899;i so v&#7899;i b&#7845;t k&#7923; con s&#7889; ti&ecirc;u &#273;&#7873; n&agrave;o,&rdquo; m&#7897;t nh&agrave; ph&acirc;n t&iacute;ch &#273;&atilde; <a href="https://x.com/onechancefreedm/status/1990099861581013373" target="_blank" rel="noreferrer noopener nofollow">vi&#7871;t</a>.
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D&ugrave; v&#7853;y, th&#7901;i &#273;i&#7875;m n&agrave;y l&#7841;i t&#7841;o ra m&#7897;t s&#7921; ph&acirc;n k&#7923; k&#7923; l&#7841;: Trong khi ch&iacute;nh ph&#7911; Nh&#7853;t chu&#7849;n b&#7883; b&#417;m m&#7897;t l&#432;&#7907;ng k&iacute;ch th&iacute;ch l&#7899;n, Ng&acirc;n h&agrave;ng Nh&#7853;t B&#7843;n v&#7851;n s&#7861;n s&agrave;ng cho kh&#7843; n&#259;ng t&#259;ng l&atilde;i su&#7845;t. Ng&acirc;n h&agrave;ng Nh&#7853;t B&#7843;n gi&#7919; nguy&ecirc;n l&atilde;i su&#7845;t chu&#7849;n &#7903; m&#7913;c 0.5% t&#7841;i cu&#7897;c h&#7885;p cu&#7889;i v&agrave;o th&aacute;ng 10.
D&ugrave; v&#7853;y, Th&#7889;ng &#273;&#7889;c Ueda &#273;&atilde; g&#7907;i &yacute; r&#7857;ng &#273;i&#7873;u ki&#7879;n c&oacute; th&#7875; khi&#7871;n t&#259;ng l&atilde;i su&#7845;t s&#7899;m nh&#7845;t l&agrave; v&agrave;o th&aacute;ng 12. S&#7921; k&#7871;t h&#7907;p n&agrave;y c&oacute; th&#7875; <a href="https://vn.beincrypto.com/japan-exchange-group-stricter-crypto-treasury-rules/" target="_blank" rel="noreferrer noopener">g&acirc;y ra bi&#7871;n &#273;&#7897;ng ti&#7873;n t&#7879;</a> v&agrave; chuy&#7875;n h&#432;&#7899;ng d&ograve;ng v&#7889;n to&agrave;n c&#7847;u.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-what-does-it-mean-for-bitcoin">&Yacute; ngh&#297;a c&#7911;a &#273;i&#7873;u n&agrave;y &#273;&#7889;i v&#7899;i Bitcoin l&agrave; g&igrave;?</h2>

Trong khi &#273;&oacute;, c&aacute;c nh&agrave; ph&acirc;n t&iacute;ch th&#7883; tr&#432;&#7901;ng d&#7921; &#273;o&aacute;n r&#7857;ng m&#7897;t l&#432;&#7907;ng l&#7899;n thanh kho&#7843;n c&oacute; th&#7875; l&agrave;m suy y&#7871;u &#273;&#7891;ng y&ecirc;n. Khi c&aacute;c ch&iacute;nh ph&#7911; gia t&#259;ng cung ti&#7873;n, &#273;&#7891;ng ti&#7873;n th&#432;&#7901;ng suy gi&#7843;m v&agrave; c&aacute;c nh&agrave; &#273;&#7847;u t&#432; s&#7869; t&igrave;m &#273;&#7871;n c&aacute;c h&igrave;nh th&#7913;c l&#432;u gi&#7919; gi&aacute; tr&#7883; thay th&#7871;, &#273;&#7863;c bi&#7879;t l&agrave; nh&#7919;ng h&igrave;nh th&#7913;c &#273;&#432;&#7907;c coi nh&#432; <a href="https://beincrypto.com/learn/bitcoin-vs-gold/" target="_blank" rel="noreferrer noopener">ph&ograve;ng ng&#7915;a l&#7841;m ph&aacute;t</a>.
Bitcoin th&#432;&#7901;ng &#273;&#432;&#7907;c h&#432;&#7903;ng l&#7907;i t&#7915; nh&#7919;ng &#273;&#7897;ng th&aacute;i nh&#432; v&#7853;y. Ti&#7873;n &#273;i&#7879;n t&#7917; n&agrave;y thu h&uacute;t v&#7889;n trong <a href="https://vn.beincrypto.com/analysts-bet-on-crypto-dollar-collapse-growth/" target="_blank" rel="noreferrer noopener">th&#7901;i k&#7923; &#273;&#7891;ng ti&#7873;n m&#7845;t gi&aacute;</a> v&agrave; k&iacute;ch th&iacute;ch t&agrave;i ch&iacute;nh. C&aacute;c nh&agrave; ph&acirc;n t&iacute;ch cho r&#7857;ng thanh kho&#7843;n th&#432;&#7901;ng ch&#7843;y v&agrave;o c&aacute;c t&agrave;i s&#7843;n r&#7911;i ro tr&#432;&#7899;c khi &#273;&#7871;n v&#7899;i c&aacute;c th&#7883; tr&#432;&#7901;ng r&#7897;ng l&#7899;n h&#417;n.
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&ldquo;Khi Nh&#7853;t B&#7843;n b&#7853;t v&ograve;i t&agrave;i ch&iacute;nh, &#273;&#7891;ng y&ecirc;n suy y&#7871;u, v&#7889;n di chuy&#7875;n ra ngo&agrave;i, v&agrave; thanh kho&#7843;n to&agrave;n c&#7847;u t&#259;ng l&ecirc;n. V&agrave; m&#7895;i khi &#273;i&#7873;u &#273;&oacute; x&#7843;y ra, Bitcoin ph&#7843;n &#7913;ng tr&#432;&#7899;c. N&#7871;u g&oacute;i n&agrave;y &#273;&#432;&#7907;c th&ocirc;ng qua, n&oacute; s&#7869; tr&#7903; th&agrave;nh m&#7897;t trong nh&#7919;ng &#273;&#7897;ng l&#7921;c v&#297; m&ocirc; m&#7841;nh nh&#7845;t v&agrave;o n&#259;m 2026. L&agrave;n s&oacute;ng thanh kho&#7843;n &#273;ang d&#7847;n h&igrave;nh th&agrave;nh, m&#7897;t c&aacute;ch &acirc;m th&#7847;m,&rdquo; m&#7897;t nh&agrave; ph&acirc;n t&iacute;ch <a href="https://x.com/AkaBull_/status/1990095245942624626" target="_blank" rel="noreferrer noopener nofollow">b&#7893; sung</a>.
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Th&#7901;i &#273;i&#7875;m n&agrave;y tr&ugrave;ng v&#7899;i giai &#273;o&#7841;n n&#7899;i l&#7887;ng tr&ecirc;n to&agrave;n c&#7847;u. M&#7897;t ng&#432;&#7901;i theo d&otilde;i th&#7883; tr&#432;&#7901;ng ghi ch&uacute; r&#7857;ng t&#7841;i M&#7929;, <a href="https://vn.beincrypto.com/congress-ends-43-day-us-shutdown/" target="_blank" rel="noreferrer noopener">k&#7871;t th&uacute;c vi&#7879;c &#273;&oacute;ng c&#7917;a ch&iacute;nh ph&#7911;</a>, s&#7889; d&#432; t&agrave;i kho&#7843;n chung c&#7911;a Kho b&#7841;c g&#7847;n 960 t&#7927; USD, v&agrave; d&#7921; b&aacute;o t&#7915; JP Morgan r&#7857;ng kho&#7843;ng 300 t&#7927; USD s&#7869; ch&#7843;y ra t&#7915; t&agrave;i kho&#7843;n TGA trong v&agrave;i tu&#7847;n t&#7899;i &#273;&#7873;u ch&#7881; ra s&#7921; gia t&#259;ng thanh kho&#7843;n c&#7911;a &#273;&#7891;ng USD. &#272;&#7891;ng th&#7901;i, chu k&#7923; <a href="https://vn.beincrypto.com/crypto-bubble-macro-warning-fed-liquidity-push/" target="_blank" rel="noreferrer noopener">th&#7855;t ch&#7863;t &#273;&#7883;nh l&#432;&#7907;ng c&#7911;a C&#7909;c D&#7921; tr&#7919; Li&ecirc;n bang</a> &#273;ang ch&#7853;m l&#7841;i v&agrave; d&#7921; ki&#7871;n k&#7871;t th&uacute;c v&agrave;o ng&agrave;y 01/12.
Trung Qu&#7889;c &#273;ang b&#7893; sung v&agrave;o b&#7889;i c&#7843;nh n&agrave;y b&#7857;ng c&aacute;ch li&ecirc;n t&#7909;c b&#417;m h&#417;n 1 ngh&igrave;n t&#7927; y&ecirc;n v&agrave;o n&#7873;n kinh t&#7871; c&#7911;a h&#7885; m&#7895;i tu&#7847;n. Nh&#7919;ng ph&aacute;t tri&#7875;n n&agrave;y cho th&#7845;y thanh kho&#7843;n to&agrave;n c&#7847;u &#273;ang tr&#7903; n&ecirc;n d&#7877; d&agrave;ng h&#417;n &mdash; &#273;&#7889;i l&#7853;p v&#7899;i s&#7921; th&#7855;t ch&#7863;t &#273;&atilde; th&#7845;y v&agrave;o cu&#7889;i n&#259;m 2021.
Nh&agrave; ph&acirc;n t&iacute;ch cho r&#7857;ng m&ocirc;i tr&#432;&#7901;ng n&agrave;y t&#259;ng kh&#7843; n&#259;ng r&#7857;ng <a href="https://vn.beincrypto.com/bitcoin-rebounds-extreme-fear-liquidations/" target="_blank" rel="noreferrer noopener">s&#7921; y&#7871;u k&eacute;m g&#7847;n &#273;&acirc;y c&#7911;a Bitcoin c&oacute; th&#7875; l&agrave; b&#7851;y gi&#7843;m gi&aacute;</a>, v&#7899;i t&agrave;i s&#7843;n n&agrave;y c&oacute; kh&#7843; n&#259;ng &#273;ang chu&#7849;n b&#7883; cho m&#7897;t &#273;&#7897;ng th&aacute;i m&#7841;nh h&#417;n khi thanh kho&#7843;n m&#7903; r&#7897;ng tr&ecirc;n to&agrave;n c&#7847;u.
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&ldquo;&#272;i&#7873;u n&agrave;y kh&ocirc;ng c&oacute; ngh&#297;a l&agrave; ngay l&#7853;p t&#7913;c bay l&ecirc;n m&#7863;t tr&#259;ng. N&oacute; c&oacute; ngh&#297;a l&agrave; BTC c&oacute; kh&#7843; n&#259;ng &#273;ang trong m&#7897;t b&#7851;y gi&#7843;m gi&aacute;, tr&#432;&#7899;c khi &#273;&#7897;ng th&aacute;i ti&#7871;p theo c&oacute; th&#7875; b&#7855;t &#273;&#7847;u,&rdquo; Bull Theory <a href="https://x.com/BullTheoryio/status/1990029839458607555" target="_blank" rel="noreferrer noopener nofollow">n&oacute;i</a>.
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Th&#7901;i gian t&#7899;i s&#7869; cho th&#7845;y li&#7879;u l&#7907;i &iacute;ch c&#7911;a s&#7921; thu h&#7865;p c&#7911;a Nh&#7853;t B&#7843;n v&agrave; g&oacute;i k&iacute;ch th&iacute;ch c&oacute; t&#7841;o ra &#273;&#7907;t t&#259;ng gi&aacute; Bitcoin nh&#432; mong &#273;&#7907;i hay kh&ocirc;ng. Khi thanh kho&#7843;n to&agrave;n c&#7847;u thay &#273;&#7893;i, nh&#7919;ng ng&#432;&#7901;i tham gia th&#7883; tr&#432;&#7901;ng s&#7869; theo d&otilde;i c&#7843; ch&#7881; s&#7889; truy&#7873;n th&#7889;ng v&agrave; ch&#7881; s&#7889; ti&#7873;n &#273;i&#7879;n t&#7917; &#273;&#7875; nh&#7853;n ra xu h&#432;&#7899;ng l&#7899;n ti&#7871;p theo.