News
Bank of Japan Raises Key Rate to 1.25%, Crypto Market Reacts Positively
The post Bank of Japan Raises Key Rate to 1.25%, Crypto Market Reacts Positively appeared first on Coinpedia Fintech News The Bank of Japan (BOJ) raised its benchmark interest rate by 25 basis points to 1.25%, the…
· 1 min read · 152 words · via Coinpedia
Wire briefing
The post Bank of Japan Raises Key Rate to 1.25%, Crypto Market Reacts Positively appeared first on Coinpedia Fintech News The Bank of Japan (BOJ) raised its benchmark interest rate by 25 basis points to 1.25%, the highest level in 31 years. The hike was widely expected, and markets reacted calmly after two policymakers opposed the move, raising hopes that the BOJ may take a slower approach to future hikes.  Despite the hike, Bitcoin calmly …
Source: Coinpedia. This is a wire summary for GetFreeBit readers - verify the original report before making custody, trading, or tax decisions. Not financial advice.
GetFreeBit earns a referral commission when you register via our verified partner links at no additional cost to you.