Japan would make the first interest rate hike after 11 months.
Bitcoin has seen declines of over 20% every time Japan raised its rates.
Bitcoin (BTC) is closely watching what happens in Japan. This Friday, the country's central bank will announce its decision on interest rates, a move that has historically generated significant repercussions on the asset's price.
Everything indicates that the Bank of Japan could raise its interest rate for the first time in 11 months, as reported by CriptoNoticias.
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Bitcoin has seen declines of over 20% every time Japan raised its rates.
Bitcoin (BTC) is closely watching what happens in Japan. This Friday, the country's central bank will announce its decision on interest rates, a move that has historically generated significant repercussions on the asset's price.
Everything indicates that the Bank of Japan could raise its interest rate for the first time in 11 months, as reported by CriptoNoticias.
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