The strengthening of the Japanese Yen could potentially cause instability in the cryptocurrency market, following recent volatility triggered by Japan\u2019s monetary policy adjustments.<\/p>\n
Wendy O suggests that Bitcoin\u2019s price<\/a> <\/strong>might fluctuate between $56,000 and $61,000 over the coming week, while Ethereum<\/a><\/strong> is expected to remain between $2,500 and $2,800. Franklin Templeton\u2019s application for a crypto index ETF, which may feature major cryptocurrencies like Bitcoin and Ethereum, indicates growing interest in crypto investment vehicles.<\/p>\n The Yen\u2019s recent rise could impact global financial markets, with past Yen strength leading to declines in Bitcoin\u2019s value. Additionally, anticipated U.S. interest rate changes might further influence market dynamics.<\/p>\n