Bank of Japan's Oct. 29-30 Meeting Could Add Pressure to XRP
- —BOJ is expected to keep its policy rate at 1.25% on Oct. 30
- —Japan's September CPI came in at 2.1%, above the 2% target
- —XRP fell to a monthly low of $1.255 on Oct. 18 and sits near $1.27
- —Every BOJ hike since March 2024 preceded a Bitcoin drop of 18–32%
Why it matters: A hawkish BOJ surprise could accelerate yen carry-trade unwinds and deepen selling pressure across crypto.
Source: The Crypto Basic