4h ago
Bitcoin Holds Key Support as BoJ Lifts Rates to 0.75% and Traders Eye $90,000 Target
At its December meeting, the Bank of Japan lifted its short-term policy rate from 0.5% to about 0.75%, while Bitcoin traded under pressure near key technical levels. BTC has fallen roughly 7% over the past week as traders watch whether a break above the $88,200–$89,200 zone can open the way toward $90,000 and beyond. Analysts also highlight support around $84,500 and $80,600 as Bitcoin forms what looks like a consolidation base amid shifting global liquidity conditions.