🚨. The New York Fed’s recent USD/JPY rate checks suggest potential coordinated U.S. - Japan intervention… the first this century, to sell dollars & support the yen. History, including the 1985 Plaza Accord, shows such actions can significantly weaken the dollar & boost global liquidity.
A sharp yen rebound may trigger short-term risk off moves, including Bitcoin, via carry-trade unwinds. But sustained dollar depreciation has historically fueled major rallies in commodities, non-U.S. markets, and crypto.
Bitcoin appears especially well positioned: it retains a strong inverse correlation to the dollar, a near record positive correlation with the yen, and remains undervalued amid ongoing currency debasement… setting up a potentially powerful bullish macro backdrop for BTC in 2026.
