🔥 This is negative for cryptocurrencies even though Japan does not have much influence in this field $BTC
🔥 High likelihood of an interest rate increase by the Bank of Japan in December
🔥 There is a very strong possibility of an interest rate increase of 25 basis points by the Bank of Japan in December currently at 98% on Polymarket, while the likelihood of maintaining the current rate at 2% stands.
🔥 Public information indicates that the Bank of Japan is scheduled to announce its decision on the interest rate on December 19.
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