Bitcoin Price Little Changed as Bank of Japan Keeps Interest Rate Steady
The BOJ decision to hold rates steady keeps Japanese bond yields in check, limiting pressure on bitcoin’s price.
Bank of Japan
Bank of Japan Governor Hints at More Rate Hikes; BTC Drops 0.4%
The divergent monetary policy paths of the BOJ and the Fed mean potential for yen strength and pain for risk assets, including cryptocurrencies.
Bitcoin’s Impending ‘Death Cross’ May Trap Bears as Bank of Japan Eases Rate Concerns
The ominous-sounding technical price pattern could again trap bears on the wrong side of the market as the Bank of Japan plays down chance of a near-term interest rate hike.
Key Interest Rate Decisions Coming This Week From Fed, BOJ, BOE
The Fed is expected to hold policy steady but indicate an imminent rate cut, while the Bank of England is seen easing policy and the Bank of Japan is likely to hike rates.
Bitcoin Chops Around $64K, With Japanese Yen’s Tumble Maybe Signaling ‘Currency Turmoil,’ Analyst Says
The yen’s volatile episode may spread to other fiat currencies as U.S. rate cuts remain elusive amid sticky inflation, which could drive investors to gold and bitcoin, Noelle Acheson said in an interview.
Bitcoin Jumps Over $71K as UK’s FCA Lets Institutional Investors Create Crypto ETNs
The leading cryptocurrency had crossed $70,000 for the first time ever last week.
Bitcoin Tentative, Asian Stocks Slide on BOJ Rate Hike Talks
The BOJ has long been seen as a major source of uncertainty for financial markets, including cryptocurrencies.
Japan’s Finance Ministry to Explore Digital Yen Feasibility: Report
The ministry plans to launch an expert panel next month to explore the feasibility of a central bank digital currency.