BOJ Raises Rates To 1% As Crypto Traders Watch Yen Carry Risk
The Bank of Japan has pushed its key interest rate to 1.0%, giving crypto traders a fresh macro signal to factor into Bitcoin, Ethereum and broader risk-asset positioning. TL;DR The BOJ raised its short-term policy rate by 25 basis points to around 1.0%. The decision matters for crypto because Japan sits at the centre of...
What's Your Reaction?
Like
0
Dislike
0
Love
0
Funny
0
Angry
0
Sad
0
Wow
0