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

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

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Source: Coindesk.com

The Bank of Japan's interest-rate increase sent the Japanese yen to its strongest since March against the U.S. dollar. BTC holds on to a weekly loss as rising yen could lead to global financial tightening.

Bitcoin (BTC) remained on the defensive while the Japanese yen (JPY) strengthened in the foreign exchange

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The post "Bitcoin Keeps Weekly Loss as 'Anti-Risk' Yen Strengthens After BOJ Rate Hike" appeared first here Coindesk.com.

Source: Coindesk.com

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