If the Bank of Japan (BoJ) raises interest rates on December 19, the first cryptocurrency $BTC could crash to levels around $70,000.

The rise in BoJ rates previously coincided with a correction $BTC of 20–30%

Starting in 2024, every increase in the key rate by the Bank of Japan has been accompanied by a correction in Bitcoin (#btc ) of more than 20%, noted AndrewBTC. Here's how it looks in numbers:

  • decrease of the coin by 23% in March 2024;

  • decrease of 26% in July 2024;

  • decrease of 31% in January 2025.

BTC
BTC
85,625.97
-0.43%