Will Bitcoin and Altcoins Crash Following Bank of Japan Rate Hike This week?

Quick Summary:

This recovery comes amid growing euphoria around the Donald Trump inauguration as well as strong demand for TRUMP meme coins.

However, investors are likely to undertake a cautious stand with Bank of Japan’s rate hike decision.

Bitcoin and the overall altcoin market have registered strong comeback after an early sell-off on Monday.

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Article Details

Author / Journalist: Bhushan Akolkar

Category: Crypto

Markets: IndiaJapan

Topics: Bitcoin (BTC) Price Altcoin News Interest rate Altcoins rally Bank of Japan 24/7 Cryptocurrency News Altcoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-20 @ 12:02:33 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 529 words

Reading Time: 3 minutes read

Sentences: 40 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 25283569

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

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News Last Updated: 8 hours ago

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