Japan’s rate lift threatens Bitcoin as yen carry trades begin to unwind

Japan’s shift toward a higher interest-rate environment is beginning to influence global risk markets, placing Bitcoin in a weakened position as investors brace for the end of three decades of ultra-low funding costs. The Bank of Japan is expected to raise its benchmark rate to 0. 75% at the December policy meeting, the highest level since […] source: https://www.cryptopolitan.com/japans-rate-lift-threatens-bitcoin/