The stability of a major global currency is hanging in the balance, and the ripple effects are zeroing in on Bitcoin, at least in the short-term.
This shift revolves around the potential for a coordinated currency intervention by the Federal Reserve, according to a Bloomberg report. After the New York Fed conducted a rate check—a procedural move often preceding market action—the ***** anese yen surged 3.39% from last Friday’s low. It now trades at 153.95 yen to the dollar, a level not seen since early November 2025.
This matters because a stronger yen threatens to unwind one of the world’s m