Bitcoin recovered quickly after the Bank of Japan raised rates on June 16, then slipped following Federal Reserve signals the next day.
The Bank of Japan lifted its benchmark interest rate to 1 percent on June 16, marking the highest level since September 1995. Bitcoin fell briefly in Asian trading but climbed back near 66000 dollars.
The Federal Reserve kept its rate range at 3.5 to 3.75 percent on June 17. Chair Kevin Warsh removed the easing bias from the statement and raised the year-end median projection to 3.8 percent.
Bitcoin moved lower toward 64000 dollars by June 18. Spot Bitcoin and Ether ETFs recorded combined outflows of 111 million dollars that day.
The yen carry trade had previously triggered sharp crypto selloffs during earlier Japanese rate moves, yet this package included continued bond purchases that limited the immediate impact.
