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ETH Back Above $1,200 as Bank of Japan Policy Decision Impacts Markets

December 20, 2022

Category:

Bitcoin

Bitcoin (BTC) moved closer to the $17,000 level on Tuesday, as traders reacted to the latest Bank of Japan policy decision.

BTC/USD surged to a peak of $16,837.65 earlier in today’s session, less than 24 hours after hitting a low of $16,398.14.

Today’s move saw the token climb above a key resistance level of $16,700, with prices rising to a four-day high in the process.

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