The yen has plunged to four-decade lows near 162 per dollar, with investors eyeing 200. Bitcoin's 81% correlation with USD/JPY makes this a crypto story

The slump continues in the face of regime change at the Bank of Japan, which ended a negative-interest rate policy in 2024, raising expectations for a revival in the currency.

The yen slid to 161.98 versus the US dollar in New York trading on June 29, breaching the 161.95 mark touched in July 2024. Read more at straitstimes.com. Read more at…