The Bank of Japan (BOJ) is reportedly open to raising interest rates at a faster pace than markets previously expected, according to a Bloomberg report published on July 22, 2026. The development comes as the yen hovers near 40-year lows, amplifying imported inflation pressure and complicating the central bank’s policy path. For Bitcoin investors, the shift reintroduces one of crypto’s most potent macro risks, the yen carry trade unwind.