Crypto crash prediction after BOJ rate hike: Will BOJ rate hike trigger a crypto crash? Here’s how it might impact Bitcoin price (BTC USD), Ethereum, XRP and other altcoins
Crypto crash prediction after BOJ rate hike: Cryptocurrency markets are facing heightened volatility this week as investors await the Bank of Japan’s (BOJ) interest rate decision, scheduled for December 19. Bitcoin and other major digital assets have pulled back in recent sessions amid rising odds of a historic rate hike.
Bitcoin price USD today dips to $84,567 amid BOJ rate hike expectations
Bitcoin was trading at 84,567 on Thursday, down about 7% from this month’s high and roughly 30% below its all-time peak.
Meanwhile, Polymarket assigns a 99% probability to a BOJ rate increase, reflecting growing market expectations, as per a Crypto.News report.
BOJ’s historic rate hike could impact global crypto liquidity
The BOJ, one of the…
