USD/JPY Hits 160 Again – Is a Bitcoin Crash Coming Next?

USD/JPY crosses 160 for the first time since July 2024, raising attention from global investors. July 2024 BOJ intervention dropped USD/JPY 20 points, Bitcoin 30%, and S&P 500 10%. Strengthening yen raises borrowing costs for leveraged investors, affecting stocks and crypto markets. USD/JPY has risen above the 160 level for the first time since July … Continue reading USD/JPY Hits 160 Again – Is a Bitcoin Crash Coming Next?