Bitcoin Trades At Slight Premium in Yen Terms Amid Suspected BOJ Intervention

“Currently, the bitcoin premium on Japanese markets is hovering around 0.3%-0.4%, having declined from over 1% in mid-April and a yearly high of 1.7% reached in mid-March. However, this could change. Overall, FX volatility is rising due to increasingly divergent monetary policy expectations and geopolitical stress, and this could impact crypto,” Dessislava Aubert, an analyst at Paris-based Kaiko, told CoinDesk.

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• Source: https://www.coindesk.com/markets/2024/04/29/bitcoin-trades-at-slight-premium-in-yen-terms-amid-suspected-boj-intervention/?utm_medium=referral&utm_source=rss&utm_campaign=headlines