Bitcoin (BTC) Hits Report Excessive in Yen (JPY) Phrases, Reflecting Stress on Japan’s Fiat Foreign money

by Jeremy

As an illustration, early Monday, the main cryptocurrency, usually thought of digital gold, hit a brand new document excessive of seven.9 million yen on Tokyo-based cryptocurrency change bitFLYER. In distinction, the cryptocurrency’s dollar-denominated value stood above $52,000 or 32% wanting the document excessive of $69,000 reached in November 2021, in keeping with knowledge from the charting platform TradingView.

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