Hedge Funds Hammer Japanese Yen and Probably Bitcoin: Why Crypto Holders Feel the Shock - 99Bitcoins

Hedge funds have intensified their selling pressure on the Japanese Yen, which has raised concerns among cryptocurrency holders about a potential impact on Bitcoin. Analysts suggest that the correlation between traditional currencies and digital assets may lead to heightened volatility in the crypto markets as investors react to the Yen's depreciation.

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Source: Google News Crypto · Report an issue