📊Interest Rate Increase Move from the Central Bank of Japan!
The Bank of Japan (BoJ), which has not increased interest rates for 17 years, increased interest rates for the second time in 3 months.
🔺Raised the interest rate from 0%-0.1% to 0.25% with an increase of 15 basis points.
This move is an important indicator that the BoJ is changing its economic policies. Japan wants inflation and therefore economic growth.
These changes in Japan also have a negative impact on Bitcoin. Japan's low interest rate was one of the factors that had a positive impact on Bitcoin.