Bitcoin Holds Steady as Japan Keeps Rates at 1%, Yen Carry Trade Persists: Live Market Updates

Bitcoin (BTC) remained stable on Monday as the Bank of Japan (BoJ) decided to hold its benchmark interest rate at 1%, a move that preserves the viability of the yen carry trade. This decision provided a sense of continuity for global financial markets, with risk-on sentiment remaining intact. The steady rate policy alleviates immediate pressure on leveraged positions funded by the yen, allowing traders to maintain their exposure to higher-yielding assets like cryptocurrencies. Market participants are now closely monitoring the BoJ's forward guidance for any hints of future tightening, which could disrupt the carry trade and introduce volatility into the BTC price action. For now, Bitcoin's consolidation above key support levels suggests a neutral-to-bullish outlook in the short term, as liquidity conditions remain favorable.