The Bank of Japan has pushed its key interest rate to 1.0%, giving crypto traders a fresh macro signal to factor into Bitcoin, Ethereum and broader risk-asset positioning.

TL;DR

• The BOJ raised its short-term policy rate by 25 basis points to around 1.0%.
• The decision matters for crypto because Japan sits at the centre of the global yen carry trade.
• The BOJ did not mention Bitcoin or crypto; the crypto angle is about market liquidity and risk appetite.
• A stronger yen can pressure leveraged positions across risk assets if carry trades unwind.

The decision, set out in the Bank of Japan’s monetary policy statement, takes the uncollateralized overnight call rate to around 1.0%. The move was approved by a 7-1 vote and marks another step away from…