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Japan’s Bond-vs-Yen Dilemma Could Shake Bitcoin and Crypto: Analyst


Japan’s Bond-vs-Yen Dilemma Could Shake Bitcoin and Crypto: Analyst

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Bitcoin remained calm after the Bank of Japan left its benchmark interest rate unchanged at 1% on July 31, showing little immediate market reaction. However, an analyst warned that a much larger liquidity risk is building beneath global markets, posing downside risk to crypto, DeFi and broader digital asset adoption.

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Bitcoin’s reaction to the Bank of Japan’s latest policy decision may look calm on the surface, but one analyst believes a much bigger liquidity risk is building beneath global markets.

His warning came after the BOJ left its benchmark interest rate unchanged at 1% on July 31.

Read the article at CryptoPotato

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In This News

Coins

$ 62.86K

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Predictions Markets

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View analytics →
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