TechFlow News, September 19 — According to CNBC, Yuya Hasegawa, cryptocurrency market analyst at Japanese Bitcoin exchange Bitbank, said that despite the recent rise in Bitcoin's price, it has not yet fully escaped difficulties. Hasegawa noted that while the Bank of Japan is likely to keep its policy interest rate unchanged this time, any further signs of rate hikes could strengthen the yen and trigger a reversal of yen carry trades. This might lead to a sell-off in Japanese stocks, with risk-averse sentiment potentially spreading to the cryptocurrency market. He predicted that before the Bank of Japan's decision, Bitcoin may continue its upward momentum during the U.S. trading session, with the next short-term target price around $65,000.
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