The yen declined and BTC rose after the BOJ hiked rates to the highest level in 31 years. BOJ hiked interest rates on Friday as expected. The yen dropped against the dollar and bitcoin following the rate hike. The Bank of Japan (BOJ) raised its benchmark interest rate by 25 basis points on Friday, lifting it to 1.25%, the highest level in 31 years, as it battles sticky inflation and a chronically weak yen. The move marks the central bank’s second hike in three months and comes weeks after U.S.…
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