Bitcoin Holds Above $77,000 After Bank of Japan Raises Rates Again

By Isaac • September 17, 2026 11:09 pm •

Bitcoin held above $77,000 after the Bank of Japan delivered another interest-rate increase, absorbing a move that has often made global risk markets nervous.

Associated Press reports that Japan’s central bank raised its benchmark rate by 25 basis points to 1.25%, the highest level in 31 years. The unanimous decision followed a two-day policy meeting and extended Japan’s move away from decades of unusually low borrowing costs.

The increase was widely expected as Japan continued to deal with inflation and a weak yen. It still matters for crypto because years of cheap yen funding helped support leveraged positions across global stocks, bonds and digital assets.

The yen was trading near 155 to the dollar around the