Bitcoin Faces Inflation and BOJ Tests After $80K Rebound
ETF flows swung from $450.4M in outflows to $433M in inflows, leaving demand and policy data as the next tests for Bitcoin's recovery.
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ETF flows swung from $450.4M in outflows to $433M in inflows, leaving demand and policy data as the next tests for Bitcoin's recovery.
Japan's tightening path adds pressure to yen-funded carry trades and reinforces the global shift away from ultra-loose monetary policy.
The yen weakened despite the hike, while BTC/JPY rose 0.5%, highlighting the market tension around Japan’s tightening and a possible carry-trade unwind.
A stronger yen could force investors to unwind years of cheap-yen bets across stocks, bonds and crypto, reviving the cross-asset shock seen after the BOJ's August 2024 hike.
Bitcoin reclaimed $66,000 in Friday's session, recovering from early losses after the Bank of Japan lifted its policy…
The Bank of Japan raised its policy rate by 25 basis points to around 1.0% on June 16, the highest level since 1995…
The Bank of Japan lifted its policy rate by 25 basis points to 1% on June 16, the highest level since 1995, while…
A single-day ¥887.7B BoJ bond sale is forcing global deleveraging, and US spot Bitcoin ETFs are taking the hit — $635M out the door is the largest redemption since the December correction.