The Bank of Japan (BOJ) is preparing to abandon its long-standing low interest rate policy. The expectation of an interest rate hike at the policy meeting in December is strengthening new forces, while triggering the risk of 'yen carry withdrawal' for all global risky asset markets, including Bitcoin.

The Bank of Japan's (BOJ) meeting on December 19 may shake a fundamental pillar on which the global financial system has relied for decades.