Bitcoin Dips to $87,600 Amid BoJ Rate Hike Fears, Saylor Hints at More Buys

iconCoinotag
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
Bitcoin news: BTC fell to $87,600 on Sunday amid fears of a Bank of Japan rate hike. The BoJ is expected to raise rates by 0.25%, with a 98% chance of action, potentially triggering carry trade unwinds. Michael Saylor hinted at more Bitcoin buys, as Strategy holds 660,000 BTC worth $58.5 billion. Traders are also eyeing altcoins to watch amid shifting market sentiment.
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.