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Bitcoin holds at $66,300 despite yen's historic drop

The Japanese yen hit its lowest level since 1986, at 163 yen per dollar.

Published 6sem1 sourceNotableupdated 2j
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The fact

Bitcoin, however, consolidated around $66,300, supported by semiconductor demand.

This resilience may indicate a partial decoupling between cryptocurrencies and traditional currencies.

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Why it matters

La stabilité du Bitcoin face à la dépréciation du yen illustre la complexité des corrélations entre cryptomonnaies et marchés financiers traditionnels. Cela pourrait influencer les stratégies d'investissement dans un contexte de tensions monétaires.

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