Bitcoin Faces Slide Towards $70K as Japan Rate Hike Odds Spike – Crypto News – Crypto News
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Bitcoin Faces Slide Towards $70K as Japan Rate Hike Odds Spike – Crypto News

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Bitcoin is under renewed pressure as markets price in a near-certain Bank of Japan (BOJ) rate hike next week. Traders now expect Japan to raise rates to 0.75%, tightening global liquidity conditions and negatively impacting risk assets. Is Bitcoin Priced for BOJ Rate Hike? A Bloomberg chart shared by analyst Ted Pillows show more than

The post Bitcoin Faces Slide Towards $70K as Japan Rate Hike Odds Spike appeared first on CoinGape.

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Bitcoin Faces Slide Towards $70K as Japan Rate Hike Odds Spike – Crypto News

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Bitcoin is under renewed pressure as markets price in a near-certain Bank of Japan (BOJ) rate hike next week. Traders now expect Japan to raise rates to 0.75%, tightening global liquidity conditions and negatively impacting risk assets. Is Bitcoin Priced for BOJ Rate Hike? A Bloomberg chart shared by analyst Ted Pillows show more than

The post Bitcoin Faces Slide Towards $70K as Japan Rate Hike Odds Spike appeared first on CoinGape.

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Bitcoin Faces Slide Towards $70K as Japan Rate Hike Odds Spike – Crypto News

Published

on

Bitcoin is under renewed pressure as markets price in a near-certain Bank of Japan (BOJ) rate hike next week. Traders now expect Japan to raise rates to 0.75%, tightening global liquidity conditions and negatively impacting risk assets. Is Bitcoin Priced for BOJ Rate Hike? A Bloomberg chart shared by analyst Ted Pillows show more than

The post Bitcoin Faces Slide Towards $70K as Japan Rate Hike Odds Spike appeared first on CoinGape.

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