š Fall may be approaching, but the crypto market is already feeling the heat!
Japan's interest rate decision is scheduled for this Friday at 03:00 UTC. This is a key event to watch closely.
Market sentiment largely anticipates an interest rate hike from Japan. This raises a pertinent question: how has Bitcoin reacted to past rate hikes?
Historically, the impact has been notable. Following the first interest rate hike on July 25, 2024, Bitcoin experienced a significant decline of 27% over the subsequent seven days.
More recently, on January 31, 2025, the second hike saw Bitcoin shed approximately 27% of its value within a 20-day period.
Given this past performance, what are your predictions for Bitcoin's price movement after this upcoming announcement? š¤
