The Bank of Japan followed the Federal Reserve’s example on Friday.

It was a very eventful week in terms of economic activity, with most of the focus turned to the Wednesday conclusion of the second FOMC meeting under new Fed Chair Kevin Warsh.

But before we head into the details of the central bank’s decision, let’s explore what transpired prior to that. Last week, the US CPI numbers came out, and inflation data was actually a lot better than many expected. BTC went on a rally after that, peaking at $67,000, where it was rejected but still managed to close the week at around $64,000.

It regained some traction on Monday after the de-escalation news on the Middle…