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Bitcoin rallies after BOJ’s 1.25% hike, but the real yen-carry test starts next week

CryptoSlate
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Bitcoin rallies after BOJ’s 1.25% hike, but the real yen-carry test starts next week

The yen weakened after the decision, leaving immediate unwind pressure limited as higher funding costs move toward implementation. The post Bitcoin rallies after BOJ’s 1.25% hike, but the real yen-carry test starts next week appeared first on CryptoSlate.

Key Takeaways

  1. The yen weakened after the decision, leaving immediate unwind pressure limited as higher funding costs move toward implementation.
  2. The post Bitcoin rallies after BOJ’s 1.25% hike, but the real yen-carry test starts next week appeared first on CryptoSlate.
  3. Read the full article for additional context and details.
Read Full Article on CryptoSlate

Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.