Japan inflation tops BOJ target, putting two December rate hikes in bitcoin's path
- —Japan core CPI accelerated to 2.1% from 1.7% in August
- —BOJ raised rates to 1.25% in September, a 31-year high
- —Analysts expect a hike to 1.5% at the Dec. 17–18 meeting
- —Bitcoin at $81,293, down 3.16% on the day and 5.6% on the month
Why it matters: A BOJ hike would unwind yen carry trades and pressure risk assets, with bitcoin already testing fragile support near $81,000.
Source: BeInCrypto AR
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