Currently, 98% of participants on Polymarket are betting that the Bank of Japan will raise interest rates by 0.25% next week, and this percentage has been steadily rising since the beginning of the month. The key date is December 19th, when the Bank of Japan will announce its interest rate decision. Looking back at the previous two rate hikes by the Bank of Japan, the market's reactions were significant: January 24, 2025: Bitcoin dropped from $105,000 to $75,000