The Bank of Japan's (BoJ) interest rate hike pushed the Japanese yen to its strongest level since March. đč
- While **Bitcoin (BTC)** loses 2% for the week, the strengthening of the Japanese yen could lead to global financial tightening.
- BoJ raised the interest rate to 0.25% and announced that it would reduce liquidity-enhancing bond purchases to 3 trillion yen per month until the first quarter of 2026.
- The rise of the yen may put pressure on cryptocurrencies by reducing the demand for risky assets.
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