Bitcoin rises above $77,000 as Bank of Japan lifts rates

Bitcoin moved above $77,000 after the Bank of Japan raised interest rates by 25 basis points, according to CoinDesk. The decision took borrowing costs to their highest level in 31 years. Despite the tighter policy move, the yen declined following the announcement, while BTC advanced. The market reaction places Bitcoin in focus as investors assess the impact of the BOJ’s latest rate decision on currency and digital-asset markets. No further details on the new policy rate or the BOJ’s forward guidance were provided in the source material. The move marks a notable development for Bitcoin and the yen, with both assets responding in opposite directions after the central bank’s announcement.