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Bitcoin Surges Above $81K as Suspected BOJ Intervention Hammers Dollar

Cointelegraph Read original source (opens in a new tab)
The Story

News Summary

  • Bitcoin rallied over 5% to surpass $81,000, driven by broad US Dollar weakness following suspected Bank of Japan currency intervention.
  • While dollar downside supports crypto, market participants monitor potential yen carry-trade unwind risks ahead of an anticipated BOJ interest rate hike.
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BTCUSD price history

76752.57 +14.56% over the displayed period

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