As the Federal Reserve and Bank of Japan (BOJ) weigh key monetary policy, Bitcoin and other crypto investors are eager to learn how the central banks’ respective moves could influence markets Wednesday.

The BOJ will outline plans for a rate hike’s timing that could strengthen the Japanese yen’s value, in combination with details of a decrease in the purchasing of Japanese bonds. The decision comes after the central bank raised interest rates in March for the first time in 17 years.

Whether or not the BOJ raises interest rates again is currently a coin flip, with the market pricing in a 50% chance, per Reuters. While the currency’s value has rallied sharply against the U.S. dollar over the past two weeks, it’s still slid 8% over

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Author: André Beganski

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