Live updates: Bitcoin holds $78,000 as yen breaks 160 and rate-hike bets lift the dollar

Bitcoin held around $78,000 as the yen weakened past 160 per dollar and markets priced in further Fed rate hikes, lifting the dollar and U.S. yields. The consensus is that stronger dollar and higher rates tighten liquidity and can pressure risk assets, including crypto. Bitcoin’s resilience at these levels indicates ongoing investor interest and some support from macro uncertainty, but the prevailing dollar/yield backdrop likely limits near-term upside. Key implication: a reversal in rate-hike bets or FX stabilization would be needed to clear resistance and sustain further Bitcoin gains.