Bitcoin Rises as BOJ Hikes Rates to 31-Year High

The Bank of Japan raised its key rate by 25 basis points to 1%, and bitcoin rose after the decision. BTC climbed from about $65,600 to $66,000 in the immediate aftermath. The BOJ paused its bond taper and fixed monthly JGB purchases around 2 trillion yen. The BOJ signaled it may tighten further if inflation accelerates.
BTC-2.07%
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