BOJ Rate Hike Ends 'Free Money' Era, Impacting Yen and Bitcoin
TL;DR Summary
Japan's recent rate hike to 0.75% marks the end of the 'free money' era, impacting global risk assets like Bitcoin by altering the yen carry trade and liquidity dynamics, with potential long-term effects on Bitcoin prices and market stability.
- Japan’s rate hike ends the ‘free money’ era and puts Bitcoin on notice CryptoSlate
- Bank of Japan Raises Interest Rates to Highest Level in 30 Years The New York Times
- Yen weakens against peers after BOJ raises interest rates Reuters
- Yen Weakens Despite BOJ Hiking Rate to Highest Level Since 1995 Yahoo Finance
- Bitcoin Price Prediction: Can the BTC Price Push Above $90,000 With the Latest BoJ Rate Hikes? Binance
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