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Bank of Japan Set to Hike Rates to 30-Year High, Posing Another Threat to Bitcoin - CoinDesk

Rising Japanese rates and a stronger yen threaten carry trades and could pressure crypto markets despite easing U.S. policy.

By:James Van Straten, Omkar Godbole
Source:CoinDesk
Published:
Bank of Japan Set to Hike Rates to 30-Year High, Posing Another Threat to Bitcoin - CoinDesk
The Bank of Japan (BoJ) is expected to raise interest rates for the first time since January, increasing the policy rate by 25 basis points to 0.75% from 0.50%, according to Nikkei. The decision, whi… [+2818 chars]

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