Golden Finance reports that the price of Bitcoin is approaching $100,000, but André Dragosch, Bitwise’s head of European research, warned that a stronger U.S. dollar could pose a headwind for Bitcoin’s further rise. He pointed out that historical data shows that Bitcoin usually performs weakly during periods of US dollar appreciation, and US dollar appreciation often means tightening of global liquidity, which may have an adverse impact on Bitcoin's short-term trend. In addition, expectations that the Bank of Japan (BoJ) may raise interest rates in December have also caused market concerns. Analysts believe that expectations of Japanese yen interest rate hikes may lead to pressure to unwind "yen carry trades", thereby causing volatility in risky assets including Bitcoin. The recent rise in the Tokyo Consumer Price Index further supports this view, with Bank of Japan Governor Kazuo Ueda stating that the Japanese economy is moving towards sustained wage-driven inflation.