Within a few hours in Asia on Friday, Bitcoin (BTC) remained stable and raised the benchmark borrowing cost to the highest in 17 years, while increasing inflation forecasts.
The policy statement said: “If the prospects of the January Outlook report will be achieved, the bank will continue to increase the policy interest rate and adjust the degree of currency accommodation.” According to the appearanceEssence
After the interest rate decision, the counter -risk yen rose 0.6 % against the US dollar to 155.12. Nevertheless, risk assets are still elastic. Bitcoin has no signs of pressure, and the transactions of more than $ 104,000 on the day have almost no change. It is also traded with the Fund 500 Standard 500.
The toughness of this risk asset shows that during the presidential period of Donald Trump, the market is increasingly focused on the development of potential policy. In contrast, the Bank of Japan has shaken risk assets including cryptocurrencies in late July.
On Thursday, President Trump signed an administrative order to prohibit digital US dollars and promote American cryptocurrency and AI innovation. At the same time, American data released recently showed the “all tenants rent” index, resulting in asylum inflation in CPI , Rise at a slow rhythm. Last quarter. This has aroused the hope of people, that is, the Fed will go back with the forecast of the Eagle in December.
