Bank of Japan


Markets

Bank of Japan Set to Hike Rates to 30-Year High, Posing Another Threat to Bitcoin

Rising Japanese rates and a stronger yen threaten carry trades and could pressure crypto markets despite easing U.S. policy.

Osaka castle (Wikepedia)

Markets

Asia Morning Briefing: Fed Cut Brings Little Volatility as Bitcoin Waits for Japan

CryptoQuant data shows seller exhaustion as whales pull back from exchanges, while traders prepare for a closely watched BOJ meeting that could influence global liquidity.

Aerial view of Tokyo (Jaison Lin/Unsplash, modified by CoinDesk)

Crypto Daybook Americas

Bitcoin Could Continue Chopping Below $95K Into Year-End and Altcoins Could Benefit, Analyst Says

Low-liquidity in December may cap bitcoin's recovery rally, but rangebound trading for the largest crypto could benefit smaller digital assets, Wincent's Paul Howard said.

Bitcoin (BTC) price on Dec. 4 (CoinDesk)

Markets

Japan's 10-year Bond Yield Hits Highest Since 2008 in Potential Ill Omen for Risk Assets

The hardening of the yield follows a dismal bond auction that saw below-average demand for 20-year government debt.

Corner of a plaque showing a map of the Bank of Japan.

Markets

Yen Rises Against Bitcoin, Dollar as Scott Bessent Predicts Bank of Japan Rate Hike

The yen is no longer the most attractive funding currency, and the currency's strength may not necessarily lead to broad-based risk aversion, one expert said.

Close up of the red circle at the center of the Japanese flag. (DavidRockDesign/Pixabay)

Markets

Bitcoin Price Little Changed as Bank of Japan Keeps Interest Rate Steady

The BOJ decision to hold rates steady keeps Japanese bond yields in check, limiting pressure on bitcoin’s price.

Bank of Japan Governor Kazuo Ueda (Tomohiro Ohsumi/Getty Images)

Markets

BOJ's Ueda Says Need to Maintain Accommodative Monetary Environment to Support Economy

The slightly dovish take may assuage concerns about a yen-led risk-off in global markets, including cryptocurrencies.

japanese yen(Shutterstock)

Markets

Bitcoin Steady Near $104K After Bank of Japan Delivers Hawkish Rate Hike

Risk assets, including BTC, held steady while the Japanese yen rose after the BOJ hiked rates to the highest in 17 years.

BTC's price. (CoinDesk)

Markets

Crypto Bulls Brace for Bank of Japan's Rate Hike That Could Derail Momentum

Japan's headline inflation is at 2.9% year-over-year, at a 3-month high. A hot inflation print could set bitcoin back.

Japanese Diet Building. (Shutterstock)

Markets

Bitcoin's Impending 'Death Cross' May Trap Bears as Bank of Japan Eases Rate Concerns

The ominous-sounding technical price pattern could again trap bears on the wrong side of the market as the Bank of Japan plays down chance of a near-term interest rate hike.

Death Cross. (Unsplash)