Bitcoin-Yen Pair Hits Record High, Reflects Stress on Japan’s Fiat Currency
Bitcoin’s ongoing rally is telling of current market perceptions about fiat currencies, with sentiment being weakest for the Japanese yen.
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Bitcoin’s ongoing rally is telling of current market perceptions about fiat currencies, with sentiment being weakest for the Japanese yen.
Measures taken by the People’s Bank of China to cushion yuan against the stock market slide could weigh over bitcoin’s price.