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Bitcoin (BTC) Keeps Weekly Loss as ‘Anti-Risk’ Yen (JPY) Strengthens After Bank of Japan Rate Hike

July 31, 2024
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Bitcoin held regular close to $66,000, nursing a weekly lack of 2% on expectations for renewed charge cuts from the U.S. Federal Reserve. That spurred demand for the “anti-risk” yen, sending the USD/JPY charge down to almost 150, the strongest for yen since March, based on knowledge supply TradingView. Futures tied to the S&P 500 rose 0.4%, signaling a optimistic open on Wednesday.



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Tags: AntiRiskBankBitcoinBTCHikeJapanJPYlossrateStrengthensWeeklyYen
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