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The Bank of Japan is expected to 'lean towards not raising interest rates' next week, continuing the Japanese yen arbitrage trading space. Can BTC continue to rise?
The Central Bank of Japan will hold a monetary policy meeting next week, and it is rumored that it may lean towards maintaining the Interest Rate unchanged rather than raising it again. Against this backdrop, the inflationary situation in the United States has risen for the second consecutive month, which may slow down the long-term trend of interest rate cuts by the Federal Reserve. This means that there may continue to be opportunities for Arbitrage trading in the Japanese yen, and there may still be bullish opportunities in the short term for the cryptocurrency market.