#bojhikesratesto31yearhigh
๐จ BOJ JUST RAISED RATES TO A 31-YEAR HIGH. ๐ฏ๐ต๐
The Bank of Japan raised its policy rate from 1.00% to 1.25%, the highest level in 31 years, in a 7โ2 vote.
๐ฅ Why it matters:
โข Higher Japanese rates can reduce the appeal of cheap-yen borrowing.
โข Global liquidity could tighten if investors unwind yen-funded positions.
โข Risk assets like BTC, ETH and stocks could face short-term volatility.
โข But the hike was widely expected, and the yen actually weakened after the decision as markets focused on the BOJ's cautious guidance.
๐ Now all eyes are on Governor Uedaโs comments for clues about the next rate move.
Do you think this BOJ hike will trigger a crypto dump or become a โsell the newsโ event?
#BOJHikesRates #bitcoin #crypto
๐จ BOJ JUST RAISED RATES TO A 31-YEAR HIGH. ๐ฏ๐ต๐
The Bank of Japan raised its policy rate from 1.00% to 1.25%, the highest level in 31 years, in a 7โ2 vote.
๐ฅ Why it matters:
โข Higher Japanese rates can reduce the appeal of cheap-yen borrowing.
โข Global liquidity could tighten if investors unwind yen-funded positions.
โข Risk assets like BTC, ETH and stocks could face short-term volatility.
โข But the hike was widely expected, and the yen actually weakened after the decision as markets focused on the BOJ's cautious guidance.
๐ Now all eyes are on Governor Uedaโs comments for clues about the next rate move.
Do you think this BOJ hike will trigger a crypto dump or become a โsell the newsโ event?
#BOJHikesRates #bitcoin #crypto