Bitcoin rebounds on Japan rate hike as Arthur Hayes sees dollar at 200 yen

Bitcoin headed higher despite the Bank of Japan’s interest-rate hike while reactions saw bullish risk-asset signals and no further policy tightening.

Bitcoin (BTC) aimed for $88,000 on Friday after Japan’s central bank raised interest rates to 30-year highs.

Key points:

Bitcoin joins US stocks futures heading higher in a curiously bullish reaction to Japan’s interest-rate hike.

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