ETH Back Above $1,200 as Bank of Japan Policy Decision Impacts Markets – Market Updates Bitcoin News

ETH Back Above $1,200 as Bank of Japan Policy Decision Impacts Markets – Market Updates Bitcoin News

Ethereum rose back above the $1,200 level on Tuesday, as the dollar rebounded following the latest Bank of Japan (BOJ) policy decision. The bank adjusted its yield curve control, which increased its cap on the 10-year government bond, allowing moves of up to 50 basis points (bps), up from 25 bps. Bitcoin also rose on the news, climbing closer to $17,000

Bitcoin

Bitcoin (BTC) moved closer to the $17,000 level on Tuesday, as traders reacted to the latest Bank of Japan policy decision.


Source link

About bitcoin

Check Also

Finder’s Ethereum Price Predictions Report

Finder’s Ethereum Price Predictions Report

Ether (ETH) could break US$2,400 in 2023, before ending the year at $2,184 …

Leave a Reply

Your email address will not be published. Required fields are marked *