BOJ's Historic Rate Hike Shakes Crypto Markets: Bitcoin Faces Uncertainty!
The Bank of Japan's historic 25 basis point rate hike to 0.5% has sent shockwaves through global markets, raising concerns about its impact on Bitcoin and cryptocurrencies. This marks Japan’s third rate hike since 2024, signaling a shift in monetary policy due to high inflation. Bitcoin dropped 3% post-announcement, reflecting its sensitivity to macroeconomic changes. Analysts predict further volatility, with some speculating a potential 50% drop. While some remain optimistic about future crypto gains, investors are advised to stay cautious as the market navigates through geopolitical tensions and rate-driven sell-offs.
Material prepared by the exchange: coytx.com
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