🚨🇯🇵 BOJ just raised rates to a 31 year high. 😳
The Bank of Japan lifted its policy rate from 1.00% to 1.25%, the highest level in 31 years.
But here’s the twist… 👀
The yen weakened after the decision instead of strengthening.
Why?
Markets had already expected the hike, while investors focused on the BOJ’s cautious guidance.
Governor Ueda also kept the door open to further rate increases, depending on inflation and economic data.
🌍 Why does crypto care?
Japan has long been an important source of low cost funding. Higher Japanese rates can change global liquidity and investor positioning.
Now BTC and ETH traders are watching closely. 👀
🔥 Could the next BOJ move create another shock across risk assets?
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