Looking at a set of data, the impact of the Bank of Japan's interest rate hikes on Bitcoin prices is quite evident.



In March 2024, the rate hike caused Bitcoin to drop by 23%. By July, Japan raised rates again, with an even larger decline of 26%. The most recent rate hike in January was even more aggressive—resulting in a 31% plunge.

From this pattern, each Japanese rate hike seems to cause significant turbulence in the market. Currently, there are reports that a fourth rate hike is being considered on December 19, which is a key date many traders are watching. Whether history will repeat itself and how the market will react depends on the upcoming few days' movements.
BTC-0.24%
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CounterIndicatorvip
· 6h ago
Japan is raising interest rates again? I'm directly going all-in on short positions; history always repeats itself.
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HalfPositionRunnervip
· 6h ago
The Bank of Japan is about to cause trouble again. Every time they raise interest rates, Bitcoin feels like it's been cut. This time, a 31% drop is indeed quite harsh.
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GamefiGreenievip
· 6h ago
The Bank of Japan's move is really aggressive. With each rate hike, BTC gets hammered... If this pace continues, my position will be cut to pieces.
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LiquidationWatchervip
· 6h ago
The Bank of Japan is really an invisible killer in the crypto world. Every time they raise interest rates, they directly crash the market, with a 31% decline... This pace is a bit harsh.
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DataPickledFishvip
· 6h ago
The Bank of Japan is really the enemy of BTC—raising interest rates each time and smashing the market. This pattern is just perfect.
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