#美SEC促进加密资产创新监管框架 The Reserve Bank of India suddenly hit the rate cut button—this is the first time in half a year. Inflation data has dropped to historic lows, giving them the confidence to ease.

Why do this? On the surface, it’s to stimulate the domestic economy—lowering borrowing costs to encourage companies to invest and consumers to spend. But on a deeper level, it looks more like a counterattack against the US’s tariff stick. With exports blocked, domestic demand has to step up, and easy monetary policy is just the right lever.

The impact of this move on global capital flows might be underestimated. Money in emerging markets is already sensitive; with this policy shift by India’s central bank, the logic of capital allocation will change. Cryptocurrency’s role at this juncture is quite subtle: when liquidity floods the market, capital needs somewhere to go, and high-yield assets naturally become one of the options. From another angle, when an economy’s policies swing dramatically, cross-market crypto assets act as a buffer, helping to diversify exposure from any single region.

For investors, there are three lines to watch closely: Will India continue to ease? Which direction will global liquidity move on the margin? Are capital inflows into the crypto market genuine new additions or just reallocations of existing funds? In the liquidity reshuffling process, opportunities are often hidden in structural cracks.