Topic: #carry-trade
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Bitcoin holds $63K as SpaceX IPO lifts risk sentiment; BOJ set to hike to 31-year high
Bitcoin trades near $63,000 on June 12 as SpaceX's IPO drives risk-asset appetite, while the Bank of Japan prepares to raise its policy rate to 1% from 0.75% on June 16—the highest level since 1995. A carry-trade unwind could drain global liquidity.