On December 1, Arthur Hayes posted that Bitcoin experienced a big dump, due to the Bank of Japan hinting at a possible interest rate hike in December. The exchange rate of the dollar to yen fluctuated between 155 and 160, indicating a hawkish stance from the Bank of Japan.
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Arthur Hayes talks about today's big dump: The Bank of Japan hints at interest rate hikes.
On December 1, Arthur Hayes posted that Bitcoin experienced a big dump, due to the Bank of Japan hinting at a possible interest rate hike in December. The exchange rate of the dollar to yen fluctuated between 155 and 160, indicating a hawkish stance from the Bank of Japan.