Watching #japan defend the #yen is my new favorite sport to watch. Ultimately its good for #bitcoin as well 
Thread
Login to reply
Replies ()
Defend like how? Iām genuinely curious
Seems they are selling from their $1trillion stockpile of treasuries to raise dollars to buy yen. Buying yen removes yen out of the market decreasing its supply. Estimates the first selling defense took about $25-30billion.
šØļø