Bank of Japan Holds Rates, Closing a Week Where Every Dissent Called for a Hike

Crypto Insight Summary: The Bank of Japan (BOJ) kept its policy rate at 1.25% on October 30 in an 8–1 vote. Board member Hajime Takata dissented and proposed a hike to 1.5%. Every dissenter at the BOJ and the US Federal Reserve (Fed) this week wanted higher rates. The Bank of Canada (BoC) went further and raised its Crypto Insight Analysis: Direction: Bearish Crypto Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Hawkish central-bank signals may lift yields and tighten liquidity, pressuring crypto risk assets.