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#Japanese yen

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Bitcoin and Gold Trim Losses as Yen Retreats; Oil Holds Near $100
Coins•

Bitcoin and Gold Trim Losses as Yen Retreats; Oil Holds Near $100

Key Highlights: Bitcoin rebounded toward $82,000, testing its 50-day simple moving average after sliding beneath $81,000 overnight. Gold climbed back to $4,020 per ounce, recovering from a session low of $3,986, alongside broader gains across Asian equities and US equity futures. Crypto liquidations surpassed $435 million within 24 hours, heavily driven by $385 million in ...

Bitcoin Rallies After BOJ’s 1.25% Rate Hike, but Real Yen-Carry Test Looms Next Week
Coins•

Bitcoin Rallies After BOJ’s 1.25% Rate Hike, but Real Yen-Carry Test Looms Next Week

Key Highlights The Bank of Japan raised its policy rate by 25 basis points to approximately 1.25% on September 18, with the new target taking effect September 24. Bitcoin traded orderly following the announcement, rising from $76,961 to over $81,000 intraday, while the yen weakened 1.2% against the dollar—contrary to a classic carry-unwind pattern. The ...