Live updates: Bitcoin climbs over $80,000 as crypto shakes off Clarity failure and higher interest rates
60-second summary
Bitcoin surges past $80,000, shaking off the recent Clarity protocol failure and rising global interest rates; the rally gains momentum as the Bank of Japan hikes rates, yet the yen continues to slide, underscoring persistent currency weakness. This price breakout signals renewed investor confidence, suggesting broader crypto resilience and potential inflows despite tightening monetary environments.
Another central bank hiked rates overnight, this time the Bank of Japan. The move failed to halt the slide in the yen.