Why Is Bitcoin Up Today? BOJ Rate Hike, Fed Policy and BTC at $77K
Bitcoin is back above $77,000, even as two of the world's most influential central banks tighten monetary policy. The U.S. Federal Reserve raised interest rates for the first time in more than three years this week, and the Bank of Japan followed on September 18 by lifting its policy rate to a 31-year high.
$BTC
#BOJRaisesRatesTo31YearHigh #BTCBreaks80K #BitcoinMarketCapTopsTesla
Bitcoin is back above $77,000, even as two of the world's most influential central banks tighten monetary policy. The U.S. Federal Reserve raised interest rates for the first time in more than three years this week, and the Bank of Japan followed on September 18 by lifting its policy rate to a 31-year high.
$BTC
#BOJRaisesRatesTo31YearHigh #BTCBreaks80K #BitcoinMarketCapTopsTesla