Bitcoin (BTC) strengthened as the Japanese yen dropped after the Bank of Japan (BOJ) hiked interest rates as expected. The Japanese central bank raised its short-term policy rate by 25 basis points to 0.75%, the highest level in roughly three decades, continuing the gradual shift away from decades of ultra-loose monetary policy. In the policy statement, BOJ acknowledged that inflation has held above its 2% target for an extended period due to rising import costs and firmer domestic price dynamics. Howev ...

As a new week begins, the crypto market is down today, with the cryptocurrency market capitalisation decreasing by 0.5%. It now stands at $3.15 trillion. About 80 of the top 100 coins have gone down over the past 24 hours. At the same time, the total crypto trading volume is at $94.3 billion, notably lower than what we’ve been seeing over the past month. TLDR: Crypto market cap decreased by 0.5% on Monday morning (UTC); 80 of the top 100 coins and 5 of the top 10 coins have gone down today; BTC decreased ...