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Bitcoin price risks drop below $58K as US dollar hits 40-year high against yen

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 28 Views

Bitcoin price risks drop below $58K as US dollar hits 40-year high against yen

Bitcoin faced downside pressure as the US dollar hit its highest levels against the Japanese yen since 1986, while BTC price analysis revealed "capitulation" by 2025 top-buyers.

Bitcoin (BTC) fell toward $58,000 around Tuesday’s Wall Street open as the clock ticked down to a brutal quarterly close.

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