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Japan's Monetary Shift Could Send Bitcoin Tumbling Below $70K

Japan's Monetary Shift Could Hit Bitcoin

Dario Cesaro avatar
Written by Dario Cesaro
Updated over 2 weeks ago

Analysts are sounding the alarm, predicting a significant downturn for Bitcoin, potentially pushing its price below the $70,000 mark. This forecast is largely attributed to an anticipated hawkish shift in monetary policy from the Bank of Japan, a move that historically impacts riskier assets like cryptocurrencies.

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