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Bank of Japan keeps interest rates unchanged, boosting investor interest in Bitcoin

Continued Low Rates: The Bank of Japan (BOJ) has maintained interest rates at 0.25% for three consecutive meetings, encouraging investors to seek alternatives like Bitcoin due to the diminishing appeal of traditional savings.

Yen’s Decline Signals Shift: With the Japanese yen falling to 155 against the dollar, the renewed interest in Bitcoin may be driven by investors looking for inflation hedges amidst low-interest circumstances.

Bitcoin’s Remarkable Growth: Bitcoin has surged to an all-time peak of 108,000 USD with a market cap of 2.2 trillion USD, becoming a prime option for investors in the current economic climate.

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