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Bitcoin Gains 2%, Stocks Drop as Bank of Japan Allows Benchmark Bond Yields to Rise

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Matthew Dibb, CIO at Astronaut Capital, voiced a similar opinion.”The initial market reaction to BOJ has been clear risk off. It’s hard to say if it will stick, however cryptos have rebounded slightly. At this stage we believe any strength or decorrelation is simply a lag. If we see equities lower, the same will be true for crypto,” Dibb told CoinDesk.

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