🇯🇵 BOJ Rate Hike Backfires — Yen Crashes, Bitcoin Reaction Unclear ₿📉
Japan just delivered its biggest rate hike in 30 years… and the yen still collapsed to record lows. Markets expected tightening, but instead got a classic “buy the rumor, sell the news.” 💴⬇
As the yen weakens, BTC$BTC briefly caught a bid, reinforcing its role as a hedge against currency debasement. But don’t celebrate yet — officials are already hinting at FX intervention, and that could flip the narrative fast.
For BTC, this looks less like a clean macro breakout and more like a fragile relief bounce in a highly reactive market. Volatility ahead is almost guaranteed. ⚠
