CoinOtag
2025-12-02 10:36:29

Bitcoin Dips to $86K Amid Potential Bank of Japan Rate Hike and Yen Carry Trade Unwind

Bitcoin experienced a sharp 5% price drop to $86,000 following signals from the Bank of Japan of a likely interest rate hike, sparking a global unwind of the yen carry trade and risk-off sentiment across assets. Bank of Japan’s 76% rate hike probability pushed 2-year yields to 1.84%, the highest since 2008, heightening market fears. [...]

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