{
  "id": 6439846,
  "title": "Bitcoin fails to reclaim $80K as Bessent fuels yen strength around 153 per dollar",
  "url": "https://urgent.news/2026/09/09/bitcoin-fails-to-reclaim-80k-as-bessent-fuels-yen-strength-around-153",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-09T16:28:19.000Z",
  "source": {
    "name": "Cointelegraph",
    "slug": "cointelegraph",
    "url": "https://cointelegraph.com/markets/bitcoin-fails-to-reclaim-80k-as-bessent-fuels-yen-strength-around-153-per-dollar"
  },
  "original_language": "en",
  "account": "Bitcoin's price failed to surpass $80,000 on Wednesday as investors focused on the strength of the Japanese yen. US Treasury Secretary Scott Bessent's remarks fueled concerns about a potential collapse of the yen carry trade. Bitcoin traded below $80,000, down around 0.4% for the day. The BTC/USD pair struggled to reclaim its $80,000 level. Meanwhile, US stocks saw a decline following US strikes on Iranian oil tankers, driving oil prices to fresh three-month highs. The Japanese yen hit its highest level against the dollar since February, climbing 6.5% since the start of August. Short positioning in the yen reached record levels, with over 5 trillion yen short. Analysts warned that the yen's strength could lead to a rapid unwinding of the carry trade, especially with the Bank of Japan's expected interest rate hike on September 28. Bessent hinted at the possibility of future yen interventions, making him a perceived \"house\" in the market.",
  "summary": "Bitcoin trended lower with US stocks on Iran escalation while US Treasury Secretary Scott Bessent contributed to fears of a yen carry-trade unwind.",
  "key_points": [
    "Bitcoin failed to surpass $80K amid yen strength",
    "Bessent's remarks fueled yen collapse concerns",
    "Yen reached 6.5% vs dollar since August start"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}