Bitcoin Reclaims $80,000 as Dollar Weakens

Bitcoin rose about 5% in US trading and moved back above $80,000, reaching around $81,000 as the US dollar softened. The move came alongside a sharp drop in USD/JPY, which market watchers linked to possible intervention by the Bank of Japan. The dollar index also fell to about 99, a shift that has often supported crypto prices in the past. The article notes that traders are watching whether the weaker dollar and yen strength will continue to affect broader market liquidity. Analysts remain divided on the significance of the yen move. Some see it as a sign of tighter Japanese monetary policy ahead, while others argue it could improve global liquidity conditions. Shares of Strategy also rose during the broader crypto rally.