Nikkei News reported that the Bank of Japan's meeting on December 18-19 to raise the policy interest rate to 0.75% is in the final coordination stage, which will be the highest level in 30 years since 1995.
Polymarket shows that the market pricing for interest rate hikes has reached 98%. Arctic Digital research director Justin d'Anethan stated that expectations for a yen interest rate hike are triggering profit-taking by traders, putting short-term pressure on BTC.
