Bitcoin fails to reclaim $80K as Bessent fuels yen strength around 153 per dollar

Bitcoin fails to reclaim $80K as Bessent fuels yen strength around 153 per dollar

Özet: Kripto piyasasında önemli gelişmeler yaşanıyor.

Bitcoin (BTC) struggled below $80,000 on Wednesday as attention refocused on the Japanese yen.

Key points: Data from TradingView showed the local upside in the BTC/USD pair reversing as it attempted to revisit the $80,000 mark.

BTC is currently down by around 0.4% on the day.  US stocks also drifted lower at the Wall Street open, fueled by fresh US strikes on Iranian oil tankers.

The tensions helped send oil prices to new three-month highs, building on gains from the day prior.  At the time of writing, WTI crude traded above $96 per barrel, while Brent crude surged above $101 per barrel for the first time since late July.

Traders also eyed fresh developments in the yen as Japan’s currency hit its highest levels against the dollar since February.

It is currently at $0.0065, up 6.5% since the start of August.

Previously, Cointelegraph reported on repeated joint interventions in foreign exchange markets by Japan and the US, which resulted in the rapid strengthening.

The yen’s gains continued despite speculation that Washington may keep Japan from selling US Treasuries as part of future interventions.

Citing data from Bloomberg on Wednesday, Barchart flagged record yen short positioning at the start of September, with the total hovering above 5 trillion yen.  Related: Bitcoin SOPR metric sees longest profit run of 2026 as new analysis challenges bear market In subsequent commentary, Charu Chanana, chief investment strategist at Saxo, told Reuters that the yen’s continued strength would have implications for these shorts as part of an unwinding of the yen carry trade.

The USD/JPY pair is key for liquidity conditions that could ultimately impact crypto markets.

Analiz: Piyasa hareketliliği devam ediyor.