Bitcoin Keeps Weekly Loss as 'Anti-Risk' Yen Strengthens After BOJ Rate Hike

The yen's popularity as a funding currency can cause knock-on effects in other markets, helping tighten global financial conditions, BlackRock said.

Jul 31, 2024 - 06:48
BTC BitcoinThe yen's popularity as a funding currency can cause knock-on effects in other markets, helping tighten global financial conditions, BlackRock said.

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