Bitcoin soared after the Bank of Japan stunned markets by hiking interest rates to a 31-year peak. This surprising decision ignited market turbulence, driving investors toward alternative assets such as cryptocurrency, CoinDesk reports

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Bitcoin soared after the Bank of Japan stunned markets by hiking interest rates to a 31-year peak. This surprising decision ignited market turbulence, driving investors toward alternative assets such as cryptocurrency, CoinDesk reports

Rising expectations for another rate hike in Japan are gaining momentum as inflation pressures persist. Markets closely watch the Bank of Japan’s upcoming policy meeting for potential tightening signals.