#BOJRaisesRatesTo31YearHigh
🚨 Urgent: The Bank of Japan raises rates to a 31-year high!
#BOJRaisesRatesTo31YearHigh
The Bank of Japan raised the interest rate from 1% to 1.25% — the highest level since 1993!
The reason? Inflation has exploded and the yen is weak.
But the surprise? 👇
💥 Bitcoin was not affected! It even rose above $77,400 after the decision
💥 The yen fell to 156.91 against the dollar
💥 Japan’s stock market climbed 1% thanks to AI-related stocks
Is the Carry Trade nightmare over?
Everyone was afraid that raising Japan’s rates would destroy crypto the way it did in August 2024, but Japan’s rate is still far lower than the U.S. rate—meaning borrowing in yen is still profitable!
Bottom line: The market is stronger than central bank decisions. Bitcoin proves itself as a safe haven against inflation.
Do you expect the BOJ to continue raising rates to 2%? And will that push BTC to 100K?
Share your thoughts 👇
#BTC #BOJ #Bitcoin #Japan #CryptoNews $BTC $ONE $ZAMA
🚨 Urgent: The Bank of Japan raises rates to a 31-year high!
#BOJRaisesRatesTo31YearHigh
The Bank of Japan raised the interest rate from 1% to 1.25% — the highest level since 1993!
The reason? Inflation has exploded and the yen is weak.
But the surprise? 👇
💥 Bitcoin was not affected! It even rose above $77,400 after the decision
💥 The yen fell to 156.91 against the dollar
💥 Japan’s stock market climbed 1% thanks to AI-related stocks
Is the Carry Trade nightmare over?
Everyone was afraid that raising Japan’s rates would destroy crypto the way it did in August 2024, but Japan’s rate is still far lower than the U.S. rate—meaning borrowing in yen is still profitable!
Bottom line: The market is stronger than central bank decisions. Bitcoin proves itself as a safe haven against inflation.
Do you expect the BOJ to continue raising rates to 2%? And will that push BTC to 100K?
Share your thoughts 👇
#BTC #BOJ #Bitcoin #Japan #CryptoNews $BTC $ONE $ZAMA
