A surprise signal from the Bank of Japan rattled global markets Thursday, sending Bitcoin below $85,400 and Ethereum under $2,825. The central bank hinted at a potential December interest rate hike, sparking a rush away from riskier assets like cryptocurrencies.
This type of macroeconomic-driven selloff is normal in maturing markets. Just as stocks react to Fed announcements, crypto now responds to global monetary policy—proof of its growing integration with traditional finance.
For investors, these pullbacks create opportunity. Historically, crypto has rebounded strongly after such fear-driven declines. When prices drop for external reasons rather than internal flaws, it often marks an ideal moment to build positions before the inevitable recovery.