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Why Bitcoiners should care that Washington joined a $96B yen rescue to shield over $1 trillion in US Treasuries
By Oluwapelumi Adejumo at 2026-10-06 09:51
Sentiment: Positive
The United States joined Japan’s effort to support the yen after preliminary central-bank data indicated Tokyo may have deployed almost $96 billion over two days, putting Bitcoin traders on alert for a possible unwind of positions financed with cheap Japanese capital. On Aug. 3, Japan’s Ministry of Finance confirmed that it purchased yen in coordination […] The post Why Bitcoiners should care that Washington joined a $96B yen rescue to shield over $1 trillion in US Treasuries appeared first on CryptoSlate. Continue reading...
Categories: Featured
Tags: #Featured #Macro #Market #Bitcoin #Japan #US #yen
Source CryptoSlate