🟠 Bitcoin surges to $91,000, showing signs of life on suspected Bank of Japan intervention
Bitcoin
$BTC $90,657.36 reclaimed the $91,000 level in early U.S. afternoon hours on Friday, continuing volatile action and threatening to sustainably break out of its tight week-long range of roughly $88,000-$90,000.
Possibly behind the quick 2% move off of the morning’s lows was suspected intervention in the foreign exchange market by Japanese authorities. The Bank of Japan overnight left monetary policy unchanged, but was somewhat hawkish in its policy statement. That had the yen modestly stronger v