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Bitcoin holds near $78,500 as a surging Japanese yen threatens global risk assets
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4 Articles
The stake is the next decision of the Bank of Japan. An increase in interest could support the Japanese currency
The dollar-yen exchange rate is moving rapidly. On September 1st, the dollar-yen rate was approximately 160.17 yen, but it temporarily fell to 152.89 yen. In just about a week, the dollar-yen rate has fallen by approximately 4.5%, and the yen... The post What will rapid yen appreciation bring to Bitcoin? – Reading expectations of a Bank of Japan interest rate hike and the "yen carry trade unwinding" [X-Win] first appeared on NADA NEWS.
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