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Michael Saylor Says Bitcoin Is Hope for Japan As Yen Collapses to 34-Year Low

source-logo  coingape.com 27 April 2024 09:15, UTC

The global macros continue to show worrying signs as the Japanese Yen has collapsed to a 34-year low against the USD. Moreover, the weakness in Yen is fueled by a strong USD. The stubborn U.S. inflation has forced the Fed to keep holding interest rates higher for a longer period than expected. As the Japanese central bank seeks to navigate through this, top analysts are suggesting Bitcoin as the next major hope for Japan against its falling currency.

coingape.com