Odaily News Bitcoin rallied back above $59,000, but gains were tempered by hints of further rate hikes in Japan. However, BTC is still up 1% over the past 24 hours, while the broader cryptocurrency market is up about 0.9%, according to the CoinDesk20 index. A slew of U.S. economic data is set to be released this week, starting with the Institute for Supply Management’s (ISM) manufacturing purchasing managers’ index for August later Tuesday. Bank of Japan Governor Kazuo Ueda reiterated that the central bank will raise interest rates further if the economy and inflation develop as expected. Ueda said the economic environment remains accommodative, with inflation-adjusted interest rates still negative even after a hike in benchmark borrowing costs in late July. (Coindesk)