Bitcoin reclaims $80K as DXY falls amid continuing suspected yen intervention

hi-btc-dominance

Bitcoin rallied 5% to reclaim $80,000 as the US dollar weakened amid a suspected Bank of Japan currency intervention, though analysts remain split on the impact.

Bitcoin (BTC) rallied 5% during US trading hours, reaching $81,000. 

Key points: 

At the time of writing, BTC stands at $81,000, near the highs seen during last month’s surprise upside. 

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