BOJ Expected to Announce Rate Hike Amid Yen Carry Trade Concerns
Originally Published 28 days ago — by AMBCrypto
Bitcoin is declining ahead of Japan's expected 25 basis point rate hike, with traders de-risking early and unwinding leverage, influenced by historical patterns of Bitcoin's response to rate hikes and market expectations. The market's next move will depend more on the yen's reaction than the rate decision itself.