BOJ Hikes Rate to 30-Year High at 0.75%, Bitcoin Holds Steady

Key Points Bitcoin remained stable around $87,000 following the BOJ announcement, contrasting with 20-30% drawdowns after previous rate hikes in 2024. The rate hike takes effect Dec. 22 and marks the fourth increase since BOJ ended negative rates in March 2024. Japan’s economy contracted 2.3% annualized in Q3 while November core inflation reached 3%, creating… Read more

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