Bitcoin’s Surge in Japan as Yen Loses Value

Since the Federal Reserve (Fed) began aggressively raising interest rates in March 2022, the Japanese yen has significantly depreciated, experiencing one of the most severe currency movements in history. Data shows that the high volatility and excessive depreciation of the Japanese yen have driven Japanese investors towards Bitcoin, the world’s leading cryptocurrency.The post Bitcoin’s Surge in Japan as Yen Loses Value appeared first on COINTURK NEWS.