‍Bitcoin Surges Past $88,000 on Bank of Japan Rate Hike Bitcoin (BTC) has shown strong resilience, nearing $88,000 following the Bank of Japan's decision to raise interest rates to 0.75%, ending an era of loose monetary policy. Despite typical concerns over higher rates affecting risk assets, BTC and U.S. stock futures reacted positively. Arthur Hayes views the policy as bullish for hard assets, noting that real rates remain negative. Temple 8 Research highlights a conflict between Japan's fiscal stimulus and monetary tightening, suggesting further rate hikes are unlikely soon. Analysts are monitoring the $81,000 level, the cost basis for U.S. spot Bitcoin ETFs, as a key support. The Nasdaq 100 futures also climbed alongside Bitcoin. This dynamic between the Japanese Yen and the U.S. Dollar, with Bitcoin acting as a hedge, points to a volatile and potentially opportunistic end to 2025.