Yen Hits 40-Year Low: Stronger US Dollar Pressures Bitcoin
Bitcoin has fallen below $60,000 for the first time since May 2023 as the Japanese yen weakens to its lowest level in 40 years, amplifying the US dollar’s dominance and tightening liquidity conditions across global markets. The yen’s sharp decline—down nearly 15% against the dollar since January—has triggered a ripple effect through financial markets, with … Read more