Bitcoin (BTC) Retains Weekly Loss as ‘Anti-Danger’ Yen (JPY) Strengthens After Financial institution of Japan Fee Hike

Bitcoin (BTC) Retains Weekly Loss as ‘Anti-Danger’ Yen (JPY) Strengthens After Financial institution of Japan Fee Hike

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Bitcoin held regular close to $66,000, nursing a weekly lack of 2% on expectations for renewed price cuts from the U.S. Federal Reserve. That spurred demand for the “anti-risk” yen, sending the USD/JPY price down to just about 150, the strongest for yen since March, in keeping with information supply TradingView. Futures tied to the S&P 500 rose 0.4%, signaling a constructive open on Wednesday.

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