Bitcoin Price Rises Despite BoJ Hike
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BOJ Rate HikeCoinGape
•Business
Business & Economics
What's Next for Bitcoin and Altcoins As BoJ Hikes Rate to 17-Year High
60% Informative
Bitcoin price jumps despite BOJ announcing 25 bps rate hike to levels level not seen since 2008 financial crisis.
Bitcoin and altcoins are showing resilience amid weakening U.S. Dollar Index ( DXY ) Bitcoin price is trading 2.69% up at $ 104,624 with daily trading volumes jumping 76% to more than $101 billion .
Unlike July 2024 , fears of yen carry trade unwinding are minimal due to reduced profitability in leveraged trades.
Bitcoin needs to break $ 106 K level to trigger a rally to fresh all-time highs of $ 110 K and beyond.
BTC At $ 104 K, Altcoins Mainly Flux, MNT Up 10% - What’s Next for Bitcoin and Altcoins As BoJ Hikes Rate to 17-year high.
US SEC Rescinds Crypto Accounting Rule SAB 121 after Gary Gensler ’s exit.
Semler Scientific Plans Additional $75M To Expand Bitcoin Strategy.
VR Score
38
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25
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27
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English
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