🔔 🇯🇵 Japan is set to raise interest rates to 75 bps on December 18.

Last time Japan hiked rates, Bitcoin dumped 20% in 12 hours.

BTC
BTC
68,888.61
+4.58%

This could add short-term pressure on crypto.

#BOJRateHike #YenCarryTrade

#BitcoinPressure