Bitcoin went up after Japan’s central bank raised interest rates on December 19. Bitcoin moved with global markets, showing a stronger market connection. The BOJ decision gave investors more confidence in risk assets like crypto.
Bitcoin rose after the Bank of Japan raised interest rates on December 19, aligning with broader gains in global markets. The move underscored a tighter macro environment and the link between policy shifts and crypto price action. Investors appeared to gain confidence in risk assets as liquidity expectations shifted.
Bitcoin’s price action tracked global markets, reflecting a stronger connection between crypto and traditional assets. The rally suggested growing market maturity and a sensitivity to central bank signals. Traders continued to monitor how other policy decisions could influence crypto liquidity.
The BOJ decision helped bolster investor confidence in risk assets like crypto, supporting a renewed appetite for digital assets. While volatility remains, the latest rate move indicates crypto markets are increasingly tethered to macro developments.
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