$BTC
🚨🚨 The main point of discussion this week is Japan ⚡️📢
Here's what you need to know 🫡📢
On December 19, the Bank of Japan is expected to raise interest rates by 25 basis points
Polymarket currently places the odds at 98%
This will push Japan's interest rates to 0.75%, a level not seen since 1995 📢
The last three interest rate hikes from the Bank of Japan were followed by declines of 30% or more in Bitcoin 📢
Here are the two reasons for that 📢⚡️
1 _ Rising interest rates = tighter global financial conditions
2 _ More unwinding of yen trading
So, will we see another drop in Bitcoin this week?🤔$AAVE
Maybe not, this rate hike seems largely priced in 📢$ZEC
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