Bitcoin Could Reach 200 Million Yen as Bank of Japan Keeps Policy Unchanged, Says Arthur Hayes

Bitcoin and the broader cryptocurrency market faced a macro backdrop after the Bank of Japan signaled a steady policy path, citing domestic political uncertainty and a lagging global growth signal tied to the Federal Reserve‘s ongoing rate cuts. The BoJ reaffirmed its inflation target approach and maintained policy settings to keep financial conditions supportive.

The development suggests near-term market volatility could hinge on U.S. monetary moves and risk sentiment, with traders pricing in higher liquidity and currency stability. While no explicit price target was issued, the move underscores the sensitivity of Bitcoin to macro policy and cross-market flows, guiding readers to monitor Fed signals, yields, and regulatory developments to gauge potential demand shifts in the crypto space.

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