Just noticed Bitcoin and the yen holding pretty steady lately. The macro backdrop is interesting - Japan's inflation numbers came in softer than expected, and the BOJ decided to keep rates unchanged. That kind of stability in the yen usually correlates with calmer crypto markets, especially for Bitcoin. When there's less uncertainty around major fiat currencies, it seems to take some pressure off people rotating into Bitcoin as a hedge. The Japan inflation data release always gets attention in crypto circles since it affects broader sentiment on monetary policy and safe havens. Right now it looks like the combination of easing inflation and steady interest rates is supporting both the yen and Bitcoin staying in their recent ranges. Could be worth watching how this plays out if we get more inflation data from Japan in the coming weeks.

BTC-1.72%
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