Bitcoin’s Quiet Split: Strong in USD, Lagging in JPY as Yen Rises on Intervention Fears
2026-07-10 05:23:17
Bitcoin and other major cryptocurrencies have underperformed in yen terms after a sharp rise in the Japanese yen, even as their dollar-based trading pairs held up better. The move reflects FX-driven divergence, according to CoinDesk, with yen strength tied to fears of official intervention.
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