Yen Strengthens as Criticism of Japan’s Monetary Policy Sparks Market Volatility

The yen experienced gains against major currencies on Thursday morning, driven by US Treasury Secretary Scott Bessent’s criticism of Japan’s monetary policy stance. This critical assessment influenced global markets and cryptocurrency flows, resulting in Bitcoin reaching a new all-time high. 📈 The yen’s strength can be attributed to market participants anticipating potential changes to the BOJ’s policies.