For the first time in 28 years, the U.S. intervened to buy the yen, and Bitcoin was the first to be affected, briefly breaking the $63,000 level. The yen reached 163.99 against the dollar, near its lowest level in 40 years, prompting the Federal Reserve to act through Goldman Sachs and Morgan Stanley to stabilize it. Markets are interconnected—what happens in Tokyo is felt in Bitcoin.
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