Bitcoin Holds $87K Despite BOJ Rate Hike as Carry Trade Fears Fade

TLDR:  Bitcoin avoided historical 23-30% crash despite BOJ hiking rates to highest level since 1995 era. Governor Ueda’s cautious commentary and gradual approach prevented panic selling seen in previous hikes. Yen weakness above 156 against USD signals carry trade remains intact, supporting risk asset prices. Bitcoin successfully decoupled from Japanese monetary policy, trading on fundamentals [...]

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