The Prime Minister of Japan warns against fluctuations of the yen amid currency growth
The Prime Minister of Japan issued a warning regarding unusual fluctuations of the yen following its most significant rise in six months. According to NS3.AI, this development has led to speculation about possible coordinated intervention with support from the U.S. Federal Reserve. Historically, coordinated interventions have helped stabilize the yen, weaken the dollar, and improve global assets, including cryptocurrencies. While a weak dollar may favor Bitcoin and other digital assets in the long term, short-term volatility is expected as leveraged positions on the yen are adjusted.
