DWF Labs stated that last week, the crypto market significantly underperformed compared to U.S. stocks. BTC and ETH dropped by 2.78% and 3.57%, respectively, while the S&P 500 and Nasdaq rose by 0.73% and 1.80%. The Federal Reserve held interest rates steady at 3.50%–3.75% for the fifth consecutive time, but three officials supported a rate hike. Polymarket raised the probability of a 25 basis point rate hike in September to 59%. Meanwhile, the Bank of Japan also sent hawkish signals, prompting a joint intervention by the U.S. and Japan in the forex market to support the yen. At the same time, BTC volatility is near a one-year low, with U.S. spot BTC and ETH ETFs recording net inflows of approximately $173 million and $347 million in July. https://(wublock123.com)/news/dwf-labs-us-japan-policy-tightening-pressure-crypto-btc-eth-underperform-us-stocks-65810