Satsuki Katayama

Bitcoin stayed close to $66,300, consolidating a two-week high as trading volumes remained firm and major token moves stayed relatively contained. The move comes as global semiconductor shares extend their rally while the Japanese yen weakens past 163 per dollar for the first time since 1986.

Japan’s effort to direct more pension money into domestic assets is sharpening attention on bitcoin and gold as potential stores of value. The move may support the long-term case for limited-supply assets, even as it raises near-term risk concerns across global markets.