The Bank of Japan (BOJ) is hinting at a potential interest rate cut in January 2026, as the yen weakens and inflation pressures mount. Currently, the yen is trading near ¥156 per dollar, increasing import costs. Despite a recent rate hike to 0.75% on December 19, 2025, Japan's rates remain below U.S. levels. On-chain data and Polymarket statistics indicate a 97% probability of no rate change in January, with a mere 2% chance of a 0.25% cut. The crypto market, particularly Bitcoin, is closely monitoring these developments, as historical trends show Bitcoin's price often reacts to BOJ policy changes.