Japan's central bank caught the market's attention with a 25 basis point rate hike, pushing borrowing costs to their highest in three decades as inflation remains sticky. The timing couldn't be more interesting—Bitcoin responded almost instantly, breaking through the $87,000 mark shortly after the decision dropped. It's a textbook example of how traditional monetary policy moves are reshaping crypto dynamics. With central banks tightening globally and inflation still in the picture, these correlations between legacy finance decisions and digital asset movements are worth tracking.
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PoolJumper
· 12-19 19:01
When the Bank of Japan raises interest rates, BTC breaks 87k. This move has clarified the relationship between traditional finance and the crypto circle. Moving forward, central banks of various countries should pay even closer attention.
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WhaleShadow
· 12-19 07:56
The Bank of Japan's move was quite effective; BTC instantly broke 87k. The connection between traditional finance and the crypto world is becoming increasingly evident.
Japan's central bank caught the market's attention with a 25 basis point rate hike, pushing borrowing costs to their highest in three decades as inflation remains sticky. The timing couldn't be more interesting—Bitcoin responded almost instantly, breaking through the $87,000 mark shortly after the decision dropped. It's a textbook example of how traditional monetary policy moves are reshaping crypto dynamics. With central banks tightening globally and inflation still in the picture, these correlations between legacy finance decisions and digital asset movements are worth tracking.