Bitcoin faces BOJ test amid whale selling
Bitcoin traders are closely watching the Bank of Japan’s June 16 policy meeting after BTC suffered declines of between 18% and 28% following each of the central bank’s four rate hikes since 2024.
Bitcoin traders are closely watching the Bank of Japan’s June 16 policy meeting after BTC suffered declines of between 18% and 28% following each of the central bank’s four rate hikes since 2024.
The Bank of Japan kept its policy rate unchanged at 0.75% due to uncertainty surrounding the Middle East conflict. Bloomberg's Shery Ahn has more.
Signals of more rate hikes from Japan are reviving fears of yen carry trade unwinds weighing on Bitcoin.
Skylar Montgomery Koning, Guy Johnson and Anna Edwards break down today's key themes for analysis and investors on "The Opening Trade."