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Japan to Raise Interest Rates for First Time in 11 Months: Here’s How Bitcoin Reacted the Last Time

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Japan to Raise Interest Rates for First Time in 11 Months: Here’s How Bitcoin Reacted the Last Time

Economists now agree that the Bank of Japan could raise interest rates this month for the first time in nearly a year, and Bitcoin is bracing for the impact. Major financial outlets report that the BOJ plans to lift its benchmark rate by 25 basis points to 0.75% at its December 18-19 meeting.

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