The United States joined Japan’s effort to support the yen after preliminary central-bank data indicated Tokyo may have deployed almost $96 billion over two days, putting Bitcoin traders on alert for a possible unwind of positions financed with cheap Japanese capital. On Aug. 3, Japan’s Ministry of Finance confirmed that it purchased yen in coordination
The post Why Bitcoiners should care that Washington joined a $96B yen rescue to shield over $1 trillion in US Treasuries appeared first on CryptoSlate. CryptoSlate Read More
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