BOJ Maintains Interest Rates at 0.75%, Crypto Market Declines 4.47%

2026-03-19 19:56

The Bank of Japan (BOJ) has decided to keep its benchmark interest rate unchanged at 0.75%, following its latest policy meeting. This marks the second pause since the December hike to a 30-year high. Governor Kazuo Ueda indicated that future rate hikes remain possible if inflation targets are met, despite rising global tensions and surging oil prices. The decision comes amid market reactions to uncertainties stemming from the Middle East crisis. The crypto market has responded with a 4.47% drop, reducing its total value to approximately $2.43 trillion. Bitcoin has fallen to $70,223, down from a recent high of $76,000, while other major cryptocurrencies like Ethereum, XRP, Solana, and Dogecoin have also seen declines between 3% and 6%.

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