BOJ raises rates to a 31-year high as AI demand adds to inflation risks

Crypto Insight Summary: On Friday, the Bank of Japan(BOJ) raised its benchmark interest rate from 1% to 1.25%, the highest level since 1995, as it moves to combat economic strain and normalize borrowing costs. The increase marks the first rate hike since June and moves the BOJ closer to neutral rates and further away from the yen’s cheap-funding... Crypto Insight Analysis: Direction: Bearish BTC / Bearish ETH Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: BOJ rate hike signals tightening, reducing liquidity for risk assets like crypto.