BOJ Policy Signals and Fed Stance Trigger Millions in Crypto Liquidations
Shifts from the Bank of Japan and the U.S. Federal Reserve coincided with heavy crypto market losses and an altseason index reading of 25, indicating continued fragility.
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Terms & Concepts
Bank of Japan (BOJ): Japan's central bank responsible for monetary policy, currency issuance, and financial stability.
Federal Reserve (Fed): The central bank of the United States, overseeing monetary policy, interest rates, and financial regulation.
Altseason Index: A measure indicating market conditions favoring altcoins over Bitcoin, often based on relative price performance.