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Bitcoin Keeps Weekly Loss as 'Anti-Risk' Yen Strengthens After BOJ Rate Hike

The yen’s popularity as a funding currency can cause knock-on effects in other markets, helping tighten global financial conditions, BlackRock said.

By Omkar Godbole|Edited by Sheldon Reback

Updated Jul 31, 2024, 9:31 a.m. Published Jul 31, 2024, 9:28 a.m.

Tokyo, Japan (Ryo Yoshitake/Unsplash)