The BTC/JPY trading pair encountered resistance at a key trendline, reflecting concerns about the U.S. economy. Goldman Sachs highlighted the Japanese yen as a major safeguard against potential U.S. tariff increases and recession risks, causing BTC to drop by 1% on bitFlyer. The overall Market is tense as traders await President Trump’s new tariffs that ...
The recent drop in the Nasdaq and Bitcoin appears linked to soaring Japanese government bond yields and a stronger Japanese yen, a trend reminiscent of Market behaviors seen in August. Analysts suggest that the yen’s rise could trigger increased risk aversion in both stock and cryptocurrency markets. However, with speculators heavily invested in the yen, ...
Recent declines in the Nasdaq and Bitcoin have coincided with rising Japanese government bond yields and a stronger Japanese yen. This shift could indicate a change in risk appetite, as the historically low-yielding yen has previously supported global asset values. Current Market positioning shows that traders are heavily betting on further yen strength, which might ...
Metaplanet, a Japanese firm focused on Bitcoin investments, has issued 2 billion yen (around $13.35 million) in bonds to boost its Bitcoin reserves. This marks the seventh bond issuance since May 2024, aiming to acquire more BTC. The 0% ordinary bonds, redeemable in full by August 2025, will fund Metaplanet’s dedicated Bitcoin acquisition fund, Evo ...
The yen fell by 1% today, while Japanese stocks saw a rise. This shift comes as investors consider the impact of the Liberal Democratic Party and its coalition partner losing their majority.
