BTCJPY Becomes Key Bitcoin Gauge After Japan Moves to Support Yen

Bitcoin traders are watching BTCJPY more closely after Japanese authorities reportedly stepped into the currency market to support the yen. The move pushed the dollar sharply lower against Japan’s currency, creating a new FX-driven layer for Bitcoin price action. The yen strengthened as much as 3% after the intervention, while the dollar index fell 0.80% […] Read The Full Article BTCJPY Becomes Key Bitcoin Gauge After Japan Moves to Support Yen On Coin Edition.