Recent interest rate hikes by the BOJ
#BOJ there is a 97% chance it will raise interest rates to 0.75% ( According to
#Polymarket ) โ This is the highest level since 1995, and Bitcoin clearly does not like this
โ Why?
History shows that every time the BoJ raises interest rates,
$BTC reacts very badly.
The last 3 interest rate hikes by the BoJ
๐ธ 03/2024 (+10bps): BTC decreases by ~23%
๐ธ 07/2024 (+15bps): BTC decreases by ~30%
๐ธ 01/2025 (+25bps): BTC decreases by ~32%
Why does Japan have such a strong influence on
#Bitcoin