BOJ Rate Hike Backfires: Yen Crashes, Bitcoin Price Rally Uncertain

The Bank of Japan's latest decision to increase its interest rate to the highest in 30 years has sent the yen plummeting to record lows. As the yen continues to crash, defying the country's expectations, officials warn of “appropriate action” against excessive moves.

Source: coingape.com

Related symbols: BTCUSD