Bitcoin Holds After BOJ Hikes to 1%, Then Slides After Fed Shift

The Bank of Japan raised its benchmark interest rate to 1% on June 16, but Bitcoin recovered to trade near $66,000 after a brief Asian-session dip. The BOJ also paused its government-bond purchase taper and committed to buying about 2 trillion yen a month from April 2027. The Federal Reserve then held rates at 3.5% to 3.75% on June 17, and Bitcoin slid toward $64,000 by June 18. Spot Bitcoin and Ether ETFs shed a combined $111 million on the day of the Fed decision.
BTC1.37%
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