Bitcoin Selloff Toward $60K May Resume as Japan Hikes Interest Rates

Jun 16, 2026 - 14:15
Bitcoin Selloff Toward $60K May Resume as Japan Hikes Interest Rates
Bitcoin (BTC) risked wiping out its Iran truce gains and returning toward the $60,000 psychological support as the Bank of Japan (BoJ) raised its interest rates to their highest level in 30 years. Key takeaways: BTC has averaged a 5.74% decline in the 30 days after the last four BoJ rate hikes. A repeat of...

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