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The Bank of Japan raised its benchmark interest rate to 1%, and Bitcoin registered almost no reaction — a non-event in crypto markets that traders attributed to the hike being widely anticipated before the formal announcement.
The muted response stood as a signal that participants had already repositioned around the policy shift rather than waiting for confirmation.
BOJ Delivers the Expected The central bank's decision to lift its benchmark rate to 1% represented a continued push away from the ultra-loose monetary policy that defined Japan's economic posture for decades.
Rate moves of this kind carry macro weight: higher borrowing costs in Japan historically reverberate through global carry trades and risk-asset flows.
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