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Coingape

BOJ Hikes Interest Rates to 30-Year High, Will Bitcoin Repeat 20-30% Post-Hike Crashes?

The Bank of Japan (BOJ) raises its interest rates by 25 bps to 0.75%, the highest level in about 30 years. The BOJ signaled its readiness for further hikes next year. It causes Bitcoin to waver, currently rising amid volatility in the Yen and the US Dollar. Bank of Japan (BOJ) Delivers Second Rate HikeThe post BOJ Hikes Interest Rates to 30-Year High, Will Bitcoin Repeat 20-30% Post-Hike Crashes? appeared first on CoinGape.

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