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Bank of Japan Rate Hold Sparks Crypto Rebound Amid Yen

Bank of Japan Rate Hold Sparks Crypto Rebound Amid Yen

The Bank of Japan (BOJ) kept its interest rates unchanged at 0.25% . This news eased concerns over the Yen carry trade unwinding, boosting markets and sparking a rally in cryptocurrencies.  The Nikkei index gained 2%, Bitcoin saw a 3% rise, inching closer to $65,000, while altcoins like Ethereum gained between 4% and 10% .