Bitcoin returns to $77,000 after Bank of Japan rate hike and oil pullback
- —Bank of Japan raised rates by 0.25 pp, with two board members opposed
- —BTC touched $77,000 after falling below $75,000
- —WTI crude retreated below $100 after peaking at $107
- —10-year U.S. Treasury yields reversed lower after rising
Why it matters: Easing oil and bond pressure has revived risk appetite, but a hawkish FOMC and the CLARITY Act's failure cap BTC's upside.
Source: CoinDesk Japan