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Bitcoin Rises on Japanese Rate Hike, Futures Traders Enter Long Positions

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BTC
$88,249.600.02%
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SOL
$125.55-0.59%
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XRP
$1.91431-0.56%
Bitcoin news shows the price climbing from $85,200 to $88,000 in five hours after the Bank of Japan raised rates to a 30-year high. Open interest and funding rates suggest new long positions in Bitcoin futures. The fear and greed index remains elevated. Solana and XRP saw falling open interest, while the altcoin season index hit a cycle low.
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