🇯🇵 Bank of Japan holding rates at 1.25% — highest since '95
First time they've actually hit their 2% inflation target since 2013. That's 12 years of missing.
Why this matters for crypto:
• Yen carry trade unwind risk still live
• Higher rates = less cheap liquidity sloshing around
• Last time BOJ moved rates fast, $BTC dumped 15% in 48hrs
Watch yen strength. If $USDJPY breaks below 148, expect vol across all risk assets including alts.
First time they've actually hit their 2% inflation target since 2013. That's 12 years of missing.
Why this matters for crypto:
• Yen carry trade unwind risk still live
• Higher rates = less cheap liquidity sloshing around
• Last time BOJ moved rates fast, $BTC dumped 15% in 48hrs
Watch yen strength. If $USDJPY breaks below 148, expect vol across all risk assets including alts.