The Bank of Japan's interest rate hike has become a topic of discussion in the cryptocurrency market.

A rate hike, the first in about 11 months, is expected to be implemented at the December meeting, with economists predicting a 25 basis point increase.
This will raise the interest rate to 0.75%.

The background includes persistent inflation exceeding 2% for 43 consecutive months and a weakening yen.
The Bank of Japan has finally been pushed into a situation where it has no choice but to act.

Bitcoin analysts are paying close attention to the ripple effects of this rate hike on the market.
In fact, during the previous rate hike in January 2025, Bitcoin's price dropped by 29% over four months.
In other words, there is a correlation between monetary tightening and selling pressure in cryptocurrencies.
Currently, Bitcoin is around $77.64K, but the risk of the same scenario repeating cannot be ignored.

Adding to the complexity is the issue of interest rate differentials with the U.S.
If the Federal Reserve continues to cut rates while Japan raises rates, the interest rate gap will narrow.
This could also impact global liquidity.
In other words, it’s not just Japan’s domestic monetary policy, but it could also affect overall cryptocurrency volatility through the dollar-yen exchange rate.

In this environment, how the cryptocurrency market reacts will be a key point in the coming months.
It is important to closely monitor the timing of rate hikes and market movements.