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Bitcoin Falls as Bank of Japan Hikes Interest Rates to 31-Year High of 1% – Crypto News
Bitcoin price came under selling pressure on Tuesday as the Bank of Japan (BOJ) raised its interest rates by 25 bps to 1%, the highest level since 1995. The widely anticipated move marks Japan’s shift away from decades of ultra-easy monetary policy. The decision comes amid ongoing concerns about inflation driven by a weak yen
The post Bitcoin Falls as Bank of Japan Hikes Interest Rates to 31-Year High of 1% appeared first on CoinGape.
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