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BOJ rate hike may pressure Bitcoin as yen carry trade unwinds, risking crypto market drop.

Market News
13 Jun 2026
Tokenpost
View Source
Bearish
pluang ai news

The Bank of Japan is expected to raise interest rates from 0.75% to 1.0%, its highest since 1995, which could pressure Bitcoin due to the unwinding of the yen carry trade. This trade involves borrowing cheaply in yen to invest in higher-yield assets like cryptocurrencies. A stronger yen could force investors to reduce risk exposure, squeezing liquidity and causing Bitcoin to decline. Past BOJ hikes have coincided with crypto market weakness, though recent geopolitical developments have temporarily boosted Bitcoin prices.

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