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Michael Saylor Says Bitcoin Is Hope for Japan As Yen Collapses to 34-Year Low
The global macros continue to show worrying signs as the Japanese Yen has collapsed to a 34-year low against the USD. Moreover, the weakness in Yen is fueled by a strong USD. The stubborn U.S. inflation has forced the Fed to keep holding interest rates higher for a longer period than expected. As the Japanese central bank seeks to navigate through this, top analysts are suggesting Bitcoin as the next major hope for Japan against its falling currency.
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