Japan has moved to save the yen again, and Bitcoin traders may pay the price

CryptoSlate2h agoUpdated 1h ago
Japan has moved to save the yen again, and Bitcoin traders may pay the price
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Japan's intervention to strengthen the weakening yen has triggered Bitcoin volatility as traders unwind carry trades. The Bank of Japan's moves to tighten monetary policy squeeze leveraged positions funded in low-cost yen, forcing liquidations across crypto markets. Indian investors face increased Bitcoin price swings amid these macroeconomic shifts affecting global liquidity conditions and risk appetite.

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