According to a Reuters survey conducted December 2–9, about 90% of economists expect a Bank of Japan rate hike from 0.50% to 0.75% at the December meeting, with roughly two‑thirds forecasting a policy rate of at least 1.00% by the end of September next year. The move would be the BOJ’s first tightening since January, set against persistent inflation risks and a weak yen. The government under Prime Minister Taro Kono is anticipated to tolerate higher borrowing costs as it navigates this transition.
From a crypto market outlook, the potential shift in policy heightens attention on global liquidity and risk appetite. Bitcoin and other digital assets could exhibit amplified volatility as traders reassess dollar funding, hedging costs, and cross-border flows in a tightening liquidity backdrop. A stronger yen pathway may influence onshore hedging strategies, underscoring the importance of disciplined risk management for investors navigating macro-driven crypto volatility.