Bitcoin Holds Near $78,500 as Market Risks Mount
Bitcoin hovered around $78,500 after the Japanese yen weakened beyond ¥160 against the USD in Tokyo, adding pressure to already unsettled financial markets. Investor caution was also heightened by a U.S. military strike on Iran, while renewed dollar strength and more restrictive signals from Fed officials continued to influence expectations for interest rates. The yen’s decline is being closely watched because the currency has frequently served as funding for investments in U.S. equities and government debt. A sustained fall in its value could therefore affect broader financial positioning if investors begin adjusting those trades. Over the weekend, Scott Bessent, the…





