BitcoinNews on Nostr: BESSENT’S $90B YEN INTERVENTION IS ALREADY LOSING ITS EFFECT Scott Bessent made it ...
BESSENT’S $90B YEN INTERVENTION IS ALREADY LOSING ITS EFFECT
Scott Bessent made it a priority to push the Japanese yen lower through intervention. The effort reportedly cost roughly $90 billion, yet nearly half of the move has already been erased by the market.
If Japan ultimately adopts more durable policies to keep the yen weak, it could become a significant tailwind for Bitcoin.
Published at
2026-08-07 02:41:56 UTCEvent JSON
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"content": "BESSENT’S $90B YEN INTERVENTION IS ALREADY LOSING ITS EFFECT\n\nScott Bessent made it a priority to push the Japanese yen lower through intervention. The effort reportedly cost roughly $90 billion, yet nearly half of the move has already been erased by the market.\n\nIf Japan ultimately adopts more durable policies to keep the yen weak, it could become a significant tailwind for Bitcoin.\n\nhttps://image.nostr.build/8db119133d96f80bc2e37b061d448cd6d3a5225597adb306c593d83487f22ef0.jpg",
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