Yen Jumps 0.6% to 157.95 After Tokyo Intervention Warnings, Bitcoin in Focus
- —Yen gained up to 0.6% to 157.95 per dollar
- —Sharpest single-day advance in more than two weeks
- —Tokyo renewed warnings of currency intervention
- —Yen strength unwound part of the dollar rally
Why it matters: A stronger yen and the threat of BOJ intervention ease pressure on risk assets, including bitcoin, which is sensitive to dollar moves.
Source: Coinotag