Bitcoin (BTC) Keeps Weekly Loss as ‘Anti-Risk’ Yen (JPY) Strengthens After Bank of Japan Rate Hike

Bitcoin held steady near $66,000, nursing a weekly loss of 2% on expectations for renewed rate cuts from the U.S. Federal Reserve. That spurred demand for the “anti-risk” yen, sending the USD/JPY rate down to nearly 150, the strongest for yen since March, according to data source TradingView. Futures tied to the S&P 500 rose 0.4%, signaling a positive open on Wednesday.