The Bank of Japan raised its interest rate to 1.25%, the highest level in 31 years, in a move that reflects a shift in Japan’s monetary policy path. $BTC

The accompanying guidance for the decision was less restrictive than many expected, which weighed on the Japanese yen and pushed Japanese stocks higher.

Traders in digital markets are now looking to see how this step will affect global risk appetite, amid questions about how much the yen’s weakness will persist and its impact on liquidity flows.

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