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Japan's Interest Rate Hike Sparks Bullish Sentiment in Crypto Market

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Japan's interest rate hike triggered a bullish trend in the crypto market. On December 19, the Bank of Japan raised rates by 25 basis points to 0.75%, the highest since 1995. Market sentiment shifted quickly, with Bitcoin surging over 2% shortly after the announcement. Analysts like Eugene Ng Ah Sio and Arthur Hayes voiced optimism, with some setting higher price targets for Bitcoin and Ethereum.
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