#1 out of 5
business1d ago
Asia Morning Briefing: BOJ Rate-Hike Bets Trigger Asia Selloff and Bitcoin Slide
Coindesk.com and 3 more
- Prediction markets reflect uncertainty about Japan’s policy outlook, with Polymarket traders now pricing the chances of a December rate increase at roughly 50%, up seven percentage points.
- The yen strengthened to 155.37-37 per dollar, signaling traders reassessed odds of a BOJ move and currency dynamics affected policy bets.
- Bitcoin fell below 87,500 in Asia as Japanese bond yields hit a 17-year high, underscoring a risk-off pull into crypto assets.
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