Bitcoin Under Pressure Below $60,000 as Yen Plummets to 40-Year Low: What’s Next for Crypto?
Bitcoin (BTC) has faced intense selling pressure, dropping below the crucial $60,000 psychological threshold. This downward momentum is largely fueled by macro-economic shifts, specifically the dramatic slide of the Japanese yen (JPY) to four-decade lows against the U.S. dollar, which has sent shockwaves through global currency and risk-asset markets. Macro Forces: The Yen Carry Trade … Read more


