$300M wiped out – Could BOJ rate hike fears spark a crypto crash?
Journalist
Posted:
Investors are closely watching the upcoming week.
In a recent development, Nikkei Asia reported that the Bank of Japan (BOJ) will deliver a 25 bps rate hike at its policy meeting on the 18th-19th of December, rattling markets almost immediately.
On the charts, the Crypto Total Market cap dropped 2.4%, with Bitcoin [BTC] slipping about $2k and losing the $90k handle.
The move wasn’t isolated to crypto either. U.S. equities sold off as well, dragging the…
