The Bank of Japan (BOJ) will increase interest rates by 75 basis points to 0.75% on December 19, marking the highest level in over three decades. This decision is driven by inflation exceeding 2% and improved business confidence. The rate hike is expected to impact global markets, including cryptocurrency prices. In response to the anticipated tighter liquidity, analysts predict Bitcoin could fall below $70,000. Additionally, the BOJ plans to divest $550 billion in ETF holdings, prompting traders to monitor altcoin movements amid changing capital flows. The market's fear and greed index has already indicated rising anxiety among investors.