Bitcoin Braces for Central Bank Policy Decisions in US, UK, and Japan
Bitcoin is reacting to upcoming central bank meetings in the US, UK, and Japan. Markets expect the Federal Reserve to raise rates by 25 basis points following strong CPI and employment data. Meanwhile, the Bank of England is expected to hold rates at 3.75%, and the Bank of Japan is likely to raise its rate to 1.25%.
Summaries are written by AI from the original article. Not investment advice.