Bank of Japan's 0.25 bps rate hike odds at 98% by Polymarket on December 19 might have slight effect on Crypto markets, but 0.75 bps rate cut might affect badly.

According to BlockBeats, the probability of a 25 basis point interest rate hike by the Bank of Japan in December is currently reported at 98% on Polymarket, while the likelihood of maintaining the current rate stands at 2%.

Public information indicates that the Bank of Japan is scheduled to announce its interest rate decision on December 19.