Japan's central bank cools rate hike expectations, removing a key risk for bitcoin's rally
By Shaurya Malwa
Japan's central bank (BOJ) has signaled a dovish stance, cooling expectations for interest rate hikes. This keeps the yen carry trade intact, avoiding an unwind like the one in August 2024 that crashed Bitcoin 24% in two days. The shift removes a key risk to Bitcoin's current rally.
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