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US hints at more yen intervention: Five things to know in Bitcoin this week
The US and Japan coordinate on the yen for the first time since 2011, while Bitcoin traders anticipate a challenging August. The article highlights potential US intervention in the yen and its implications for Bitcoin markets.
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Adjacent reporting
- U.S.-Japan intervention revives yen carry trade fears for bitcoin
- Yen Traders Brace for More Intervention With US at Japan’s Side
- Yen rises amid speculation of more intervention after U.S. support
- Bitcoin's quiet split: Strong in USD, lagging in JPY as Yen rises on intervention fears
- The US Has a Lot at Stake in Rare Intervention to Prop Up Yen
- Yen Rises Sharply With Traders on Intervention Watch