Goldman Sees Yen Rising to Low 140s as Bitcoin Echoes Tech Stock Weakness - CoinDesk

Retrieved on: 2025-04-02 13:57:01

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Goldman Sachs

Subprime mortgage crisis

CoinDesk

Japanese yen

Foreign exchange market

Bitcoin/Japanese Yen FX Cross Rate, FX Cross Rate, COMPOSITE DISPLAY

United States

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Goldman Sees Yen Rising to Low 140s as Bitcoin Echoes Tech Stock Weakness - CoinDesk. View article details on hiswai:

Summary

The article discusses the Bitcoin-Japanese yen pairing amid global economic uncertainties, highlighting Goldman Sachs' preference for the yen as a hedge over Bitcoin against U.S. recession risks. It links cryptocurrencies to global market movements, involving significant players like Goldman Sachs and reflects on events like the subprime mortgage crisis.

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