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Coingape

BOJ Rate Hike Backfires: Yen Crashes, Bitcoin Price Rally Uncertain

The Bank of Japan's latest decision to increase its interest rate to the highest in 30 years has sent the yen plummeting to record lows. As the yen continues to crash, defying the country's expectations, officials warn of "appropriate action" against excessive moves. While this unexpected downfall following the BOJ's rate hike has sparked aThe post BOJ Rate Hike Backfires: Yen Crashes, Bitcoin Price Rally Uncertain appeared first on CoinGape.

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