Black Friday 2025 may be remembered as the day the global financial market received a “deal” no one wanted, as three unexpected events converged, bringing the traditional financial world to a halt and exposing its fragility, while the crypto world demonstrated remarkable resilience.
💸 Deal 1: The U.S. Dollar’s Major "Discount" – Declining Confidence
The U.S. Dollar Index (DXY) dropped sharply, recording its steepest weekly decline in four months. This was primarily driven by market speculation that the Federal Reserve (Fed) would cut interest rates by 90 Basis Points by the end of 2026. Furthermore, global fund managers’ dollar holdings fell to a 20-year low, reflecting a clear loss of confidence in the world's primary reserve currency.
💴 Deal 2: Japanese Yen Surges – BOJ Rate Hike Imminent
While the dollar weakened, the Japanese Yen soared past 156 Yen per dollar after the Tokyo Consumer Price Index (CPI) jumped 2.8%, exceeding expectations and topping the Bank of Japan’s (BOJ) target by 40%. This surging inflation data increased market anticipation that the BOJ might decide to raise interest rates in December, marking a significant policy shift.
🛑 Deal 3: Global Finance "Knocked Out" Mid-Air
Amid the currency market turmoil, a major disruption occurred at 03:00 AM GMT (10:00 AM ICT) when the CME Group, the world's largest derivatives exchange, was forced to suspend all trading due to a cooling system failure at its CyrusOne data center. This incident brought approximately 90% of global derivatives trading to a standstill, paralyzing the Arbitrage mechanisms that link various markets.
🌟 Crypto Stands Strong, Proving Decentralized Resilience
While the traditional finance (TradFi) market struggled, $13.4 billion worth of Bitcoin Options expired and settled seamlessly on the Deribit platform, and various DeFi networks continued to operate without interruption.
This event clearly underscores the Resilience and 24/7 operational capability of blockchain technology and cryptocurrencies, which function without reliance on fragile centralized infrastructure.
The events of Black Friday 2025 serve as a clear warning about the fragility of the traditional financial system and the urgent need for infrastructure reform. Simultaneously, it stands as a testament to the potential of cryptocurrency technology, which is ready to assume a vital role in the future global financial landscape.
