Article Details

Read Original
Coingape

Bitcoin Slides Toward $70K as Japan Rate Hike Odds Spike

Bitcoin is under renewed pressure as markets price in a near-certain Bank of Japan (BOJ) rate hike next week. Traders now expect Japan to raise rates to 0.75%, tightening global liquidity conditions and negatively impacting risk assets. Is Bitcoin Priced for BOJ Rate Hike? A Bloomberg chart shared by analyst Ted Pillows show more thanThe post Bitcoin Slides Toward $70K as Japan Rate Hike Odds Spike appeared first on CoinGape.

0 |
0
🐂
🐻

Latest Crypto Articles

Community-submitted articles and insights

View all

Fear & Greed Index

Market sentiment indicator (24h)

60
Index
Greed
Extreme Fear Neutral Extreme Greed
0 50 100

Trending Coins Index

61 Greed
62 Greed
62 Greed
54 Neutral
60 Greed
View All Coins

Updated 4m ago

Trending Topics

Last 6h

Latest Crypto News

Real-time updates from trusted sources

Loading more news...