Japan’s rate hike ends the ‘free money’ era and puts Bitcoin on notice

The Bank of Japan tightened policy on Dec. 18, lifting its benchmark rate to 0.75%, the highest since 1995. Governor Kazuo Ueda framed the move as a formal break with the “ultra-accommodative” regime that has helped fuel global risk-taking for decades. Following the news, Bitcoin was little changed near $87,800, but the calm surface belies […]