USD/JPY Slips Below 156.50 as Yen Strengthens, Bitcoin Holds $83K-$84K
- —USD/JPY dropped below 156.50, down 0.2-0.5% on the day, with intraday lows near 156.4
- —Weak Japan factory output reduced expectations for another BOJ rate hike
- —Bitcoin held in the $83,000-$84,000 range despite yen strength
- —Market question: BTC may be pricing in future liquidity rather than current FX stress
Why it matters: If bitcoin stops reacting to yen strength, it could signal a shift in macro drivers and rising expectations of easier Fed policy.
Source: Coin Edition
More on this
Markets · yesterdayCrypto market stalls at $2.86T as Bitcoin holds $83K–$84K and capital rotates into altcoins
Markets · yesterdayBitcoin holds above $83K, Ethereum slips to $2,670 as $272M is liquidated
Markets · Sep 28Bitcoin Holds Near $84K, Ether Slips; $187M Liquidated as Fear & Greed Hits 74