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Bank of Japan Raises Key Rate to 1.25%, Crypto Market Reacts Positively

2 hours ago 1033
BOJ Interest Rate Hike Expected, Raising New Risks for Global Markets

The post Bank of Japan Raises Key Rate to 1.25%, Crypto Market Reacts Positively appeared first on Coinpedia Fintech News

The Bank of Japan (BOJ) raised its benchmark interest rate by 25 basis points to 1.25%, the highest level in 31 years. The hike was widely expected, and markets reacted calmly after two policymakers opposed the move, raising hopes that the BOJ may take a slower approach to future hikes.Β  Despite the hike, Bitcoin calmly …

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