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via BeInCrypto · By BeInCrypto Editorial

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

BTC

BTC/USDT

$63,072.42
+0.18%
24h Volume

$2,100,760,871.41

24h H/L

$63,175.00 / $62,946.58

Change: $228.42 (0.36%)

Long/Short
68.0%
Long: 68.0%Short: 32.0%
Funding Rate

+0.0000%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$63,072.43

-0.02%

Volume (24h): -

Resistance Levels
Resistance 3$64,901.59
Resistance 2$63,882.62
Resistance 1$63,121.09
Price$63,072.43
Support 1$62,928.14
Support 2$62,275.00
Support 3$61,056.47
Pivot (PP):$63,064.66
Trend:Downtrend
RSI (14):43.1
BE
BeInCrypto Editorial
(10:09 AM UTC)
1 min read
MR
Reviewed byMichael Roberts

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…

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BeInCrypto Editorial · BeInCrypto

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