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Bitcoin held above $66,000 following the Bank of Japan's move to its highest interest rate in 31 years, a macro development that rattled risk assets across global markets.
$BTC's ability to maintain that level while a major central bank tightened policy drew attention from traders watching the asset's reaction to shifting rate regimes.
What the BOJ Move Signals The Bank of Japan lifting rates to a 31-year high marks a significant pivot for a central bank that has anchored a decade of ultra-loose monetary policy.
For crypto markets, the read-through is straightforward: a stronger yen and higher Japanese borrowing costs historically pressure carry trades and risk-on positioning.
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