The yen’s devaluation did not impression crypto markets but, however this might change if the BOJ steps in to prop up the forex, Noelle Acheson, analyst and writer of the Crypto Is Macro Now stories, stated in an e-mail interview. A potential intervention would imply the BOJ promoting U.S. greenback belongings (U.S. Treasuries) to purchase yen, and a weaker buck might in idea assist crypto costs, she added.
