Bitcoin ditches K dip as ‘Leeroy Jenkins’ Bank of Japan flattens dollar

Bitcoin ditches $16K dip as ‘Leeroy Jenkins’ Bank of Japan flattens dollar

Bitcoin (BTC) recovered from an overnight dip on Dec. 20 as Japan’s central bank sparked chaos on global financial markets.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

Analyst likens BoJ policy to FTX

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD returning to near $17,000 after falling over 3% through the course of Dec. 19.

The largest cryptocurrency benefitted from flash U.S. dollar weakness, this coming on the back of a surprise policy tweak from the…


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