By Isaac • September 3, 2026 3:10 pm •
Bitcoin pushed back above $80,000 on Thursday as a sharp move in global currency markets gave crypto traders a fresh reason to take risk.
The rebound was not happening in isolation. The U.S. dollar weakened while the Japanese yen strengthened rapidly, reviving questions about whether Tokyo was intervening in the currency market and how quickly the Bank of Japan could tighten policy.
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Cointelegraph reported that Bitcoin rose more than 5% during U.S. trading and reached roughly $81,000. USD/JPY fell to about 155.4 after trading near 158.5 a day earlier, while the U.S. Dollar Index slipped to 99.
That combination matters for Bitcoin because a weaker dollar can make scarce assets more attractive, at least in the
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