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Bank of Japan Keeps Rates Unchanged: Bitcoin and Altcoins Surge! Coinpedia 20 Sep 2024

Bank of Japan Keeps Rates Unchanged: Bitcoin and Altcoins Surge! 📈

The Bank of Japan (BOJ) has decided to maintain interest rates at 0.25%, alleviating concerns about the unwinding of the Yen carry trade.

This decision led to a 2.10% rise in the Nikkei index. Bitcoin surged by 3%, approaching $64,000, while altcoins like Ethereum saw gains between 4-10%.

BOJ officials' move has sparked bullish momentum in the cryptocurrency market.

Source: coinpedia.org ↗