Bitcoin Price Crash Linked to BoJ Rate Hike Uncertainty

Bitcoin’s recent plunge below the $85,000 level has sent shockwaves through the crypto market. The price crash was sparked by the Bank of Japan (BoJ) governor’s hint towards a potential interest rate hike, raising concerns about investor unwinding of their carry trades. This move follows a divergence in monetary policies as the Federal Reserve continues to cut rates. πŸ‡―πŸ‡΅πŸš€πŸ“‰ πŸ‡ΊπŸ‡ΈπŸ“‰