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Bitcoin reclaims $80K as DXY falls amid continuing suspected yen intervention

The Cointelegraph โ€‹

Cryptocoins News / The Cointelegraph โ€‹ 277 Views

Bitcoin reclaims $80K as DXY falls amid continuing suspected yen intervention

Bitcoin rallied 5% to reclaim $80,000 as the US dollar weakened amid a suspected Bank of Japan currency intervention, though analysts remain split on the impact.

Bitcoin (BTC) rallied 5% during US trading hours, reaching $81,000.&

Key points:&

At the time of writing, BTC stands at $81,000, near the highs seen during last monthโ€™s surprise upside.&

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