Bitcoin climbed above $88K even after the Bank of Japan hiked rates to the highest level in ~30 years â something that usually strengthens the yen and pressures risk assets.
Instead, the yen weakened, with markets worried higher rates could hurt Japanâs growth plans. Japanâs 10Y bond yield touched 2%, a level last seen in 2006.
đ Crypto reaction
⢠$BTC holding strong
⢠ETH +3%
⢠Alts mixed (BNB, SOL lagging)
⢠CD20 up ~1%
đĄ Why it matters
Cooling US inflation keeps Fed rate-cut hopes alive, supporting $BTC despite global rate volatility.
Bitcoin still leading the macro trade. đ