Bitcoin price came under selling pressure on Tuesday as the Bank of Japan (BOJ) raised its interest rates by 25 bps to 1%, the highest level since 1995. The widely anticipated move marks Japan’s shift away from decades of ultra-easy monetary policy. The decision comes amid ongoing concerns about inflation driven by a weak yen and elevated energy costs tied to the US-Iran war. The BOJ plans to keep raising interest rates in response to the economy and costs. Bitcoin has recorded a sharp 20%-30% selloff after the last four BOJ rate hikes. Bitcoin could tumble due to carry trades…