Bitcoin, gold trim early losses as yen gives up gains. Oil stays near $100
Summary
Bitcoin recovered toward $82,000 after falling below $81,000 as Asian stocks and gold also rebounded when the yen surrendered early gains. Crypto futures liquidations totaled $435 million in 24 hours, mostly bullish long positions. Earlier risk aversion followed stronger Japanese inflation data, which lifted the yen and expectations of Bank of Japan rate hikes, alongside AI-related jitters. Oil remained near $100 a barrel, potentially adding inflation pressure, while U.S. spot bitcoin ETFs recorded $381 million in outflows on Thursday, limiting support for a sustained rally.
