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via BeInCrypto · By BeInCrypto Editorial

Bank of Japan’s 1% Rate Hike Could be Critical for Bitcoin

BTC

BTC/USDT

$63,450.36
+1.17%
24h Volume

$10,167,732,252.29

24h H/L

$63,999.00 / $62,436.59

Change: $1,562.41 (2.50%)

Long/Short
61.2%
Long: 61.2%Short: 38.8%
Funding Rate

+0.0043%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$63,492.00

-0.25%

Volume (24h): -

Resistance Levels
Resistance 3$67,369.22
Resistance 2$65,579.43
Resistance 1$63,693.49
Price$63,492.00
Support 1$63,207.76
Support 2$60,978.03
Support 3$57,800.19
Pivot (PP):$63,587.33
Trend:Downtrend
RSI (14):51.1
BE
BeInCrypto Editorial
(10:09 AM UTC)
1 min read
MR
Reviewed byMichael Roberts
1404 views
0 comments

The Bank of Japan (BoJ) is expected to raise its key short-term policy rate from 0.75% to 1.0% on June 15-16, the highest level in nearly three decades and a potential new headwind for Bitcoin.

What history shows, and how global liquidity could weigh on Bitcoin and crypto markets in the coming weeks?

🚨 BANK OF JAPAN RATE HIKE ALERT!

The Bank of Japan is expected to raise interest rates to 1% this…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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BeInCrypto Editorial · BeInCrypto

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