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Bitcoin steadies as BoJ flags possible rate hikes

Bitcoin steadies as BoJ flags possible rate hikes

The broader cryptocurrency market holds steady, with Bitcoin (BTC) trading near $65,000, above its 50-day Exponential Moving Average (EMA) of $64,702. The Bank of Japan (BoJ) released the summary of opinions from its July meeting, with nearly half of the board members leaning hawkish. Still, the near-term bullish sentiment in the crypto market holds, with Pump.fun (PUMP) and CurveDAO (CRV) leading gains over the last 24 hours. 

Bank of Japan flags possible rate hikes

Bank of Japan released its summary of opinions from the July meeting on Monday, raising concerns about faster rate hikes as the Japanese Yen has dropped to a 40-year low against the US Dollar. Four of the nine board members leaned hawkish, three remained neutral, and two…

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