BOJ Rate Hike Could Pressure Bitcoin as Yen Carry Trade Faces Unwind

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Bitcoin could face renewed selling pressure as the Bank of Japan (BOJ) prepares for a widely anticipated interest rate hike, according to a prominent macro analyst. Market watchers are closely monitoring the BOJs June 1516 policy meeting, where officials are expected to raise the benchmark rate from 0.75% to 1.0%, marking Japans highest interest rate level since 1995.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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