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đŻđ” Markets are now pricing in a 97% chance of a BOJ rate hike to 1.25%.
The yen has already jumped 3.83%, yet crypto remains resilient, with $BTC up 2.32% and $ETH gaining 4.13%.
But the bigger risk may be ahead.
A more hawkish BOJ could push the yen even higher, potentially triggering margin calls on leveraged yen-short positions and creating fresh selling pressure across $BTC and $ETH.
For crypto, the BOJ decision could become another major liquidity test. đ
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