Bank of Japan Increases Rates by 0.25 Percentage Points, Bitcoin Surpasses $77,000
The Bank of Japan announced a decisive shift in its monetary policy on Wednesday, raising its short‑term interest rate by 25 basis points to a range of 0.00%–0.10%. This move marks the first hike in 31 years, ending a long era of ultra‑low rates that had been in place since the early 1990s. The decision was driven by a combination of factors, including a modest recovery in domestic inflation, a t…
Sept. 18, 2026, 3:03 a.m.