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Bank of Japan may raise rates to 2% by 2028, risking Bitcoin corrections of up to 32%.

Market News
08 Jul 2026
Crypto Briefing
View Source
Bearish
pluang ai news

Former BOJ board member Makoto Sakurai predicts the Bank of Japan could raise interest rates twice more by March 2027, reaching around 1.5%, and possibly 2% by early 2028. This accelerated tightening follows the recent rate hike to 1%, the highest since 1995, driven by inflation and geopolitical energy costs. Historically, each BOJ rate increase has triggered Bitcoin corrections averaging 27%, as higher rates strengthen the yen and reduce carry trade profits, leading to risk asset sell-offs. Investors, especially in crypto, should closely watch BOJ policy meetings as further hikes could cause Bitcoin drops between 18% and 32%.

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