Bitcoin’s Link to Ishiba-Led Swoon in Nikkei Comes Into Question as Yen...

Bitcoin’s Link to Ishiba-Led Swoon in Nikkei Comes Into Question as Yen Declines

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Source: Coindesk.com

BTC dropped over 3% on Monday, with analysts blaming Japan's incoming PM Ishiba's hawkish bias and Nikkei's slide for the losses. The yen, however, depreciated across the board Monday, contradicting the Ishiba link.

Bitcoin (BTC) fell 3.5% Monday, with at least half of the losses occurring during the European trading hours.

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The post "Bitcoin’s Link to Ishiba-Led Swoon in Nikkei Comes Into Question as Yen Declines" appeared first here Coindesk.com.

Source: Coindesk.com

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