Bitcoin rebounds on Japan rate hike as Arthur Hayes sees dollar at 200 yen

Bitcoin rebounds on Japan rate hike as Arthur Hayes sees dollar at 200 yen

Bitcoin headed higher despite the Bank of Japan’s interest-rate hike while reactions saw bullish risk-asset signals and no further policy tightening.

Bitcoin (BTC) aimed for $88,000 on Friday after Japan’s central bank raised interest rates to 30-year highs.

Key points:

Bitcoin joins US stocks futures heading higher in a curiously bullish reaction to Japan’s interest-rate hike.

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