Goldman Sees Yen Rising to Low 140s as BTC Echoes Tech Stock Weakness

Goldman Sees Yen Rising to Low 140s as BTC Echoes Tech Stock Weakness

The Bitcoin-Japanese yen (BTC/JPY) pair faced a setback at key trendline resistance Wednesday, as Goldman Sachs (GS) cited the anti-risk yen as the leading hedge against rising U.S. tariff and recession risks. The BTC/JPY trading on the Japan-based bitFlyer fell 1% after failing to take out the trendline drawn off the record high reached on … Read more