Bitcoin Chops Around $64K, With Japanese Yen's Tumble Maybe Signaling 'Currency Turmoil,' Analyst Says
- The Japanese yen fell Friday to its weakest level against the U.S. dollar since 1990.
- Bitcoin remained flat around $64,000 as some altcoins slid lower.
- Intervention may follow soon if yen devaluation continues, Lekker Capital's Quinn Thompson said.
Cryptocurrencies, widely known for their often volatile nature, were a sea of calm Friday as the Japanese yen's tumble to a fresh 34-year low against the U.S. dollar left traditional market observers mulling over potential knock-on effects.
Bitcoin (BTC) …