Bitcoin rebounds on Japan rate hike as Arthur Hayes sees dollar at 200 yen - Source: CoinTelegraph

Bitcoin aimed for $88,000 on Friday after Japan’s central bank raised interest rates to 30-year highs.

Key points:

• -Bitcoin joins US stocks futures heading higher in a curiously bullish reaction to Japan’s interest-rate hike.

• -Commentators argue that no further hikes will happen due to economic forces.

• -Bitcoin continues to hammer out a bottom on longer timeframes.

Story continues: https://cointelegraph.com/news/bitcoin-rebounds-japan-rate-hike-arthur-hayes-dollar-200-yen