Bitcoin price drops to $85,000 amid expectations for interest rate hike in Japan
Bitcoin (BTC) experienced a sharp pullback in early Asian trading on Monday, dropping $85,500 on rising expectations for a December interest rate hike by the Bank of Japan (BoJ). Important points: Bitcoin fell 5% to $85,000 in a market-wide correction, with $656 million of longs liquidated. Rising expectations for a rate hike at the Bank…
