Altcoinist
Image default
Crypto News

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

Hands holding NEAR and Hyperliquid coins showing a 21% gain.

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.  Despite the hike, Bitcoin calmly …

Related posts

SBI and Startale Group Launch Japan’s First Trust-Based Yen (JPYSC) Stablecoin

Antonio M. Foster

Ripple News: RLUSD Gains Regulatory Backing as Stablecoins Move Toward Bank Oversight

Antonio M. Foster

Raoul Pal Says Stock Prices Keep Rising Because of Currency Debasement While AI Earnings Go “Vertical” 

Antonio M. Foster