Bitcoin Defends $87,000 While Ethereum, XRP, Dogecoin Slide Ahead Of Japan Interest Rate Decision

Bitcoin is holding firm near $87,000 as traders stay cautious ahead of the Bank of Japan interest rate decision; liquidations stand at $545.09 million over the past 24 hours. 

Bitcoin ETFs saw $457.3 million in net inflows on Wednesday, while Ethereum ETFs reported $22.4 million in net outflows.

BTC Has Survived Much Worse

Michael van de Poppe said most traders are sidelined into the BOJ event, warning that crowded expectations could lead to a surprise move. A clean break above $88,000 would signal renewed bullish momentum.

Crypto …

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