Bitcoin Drops $16,000 Low as Bank of Japan “Leeroy Jenkins” Flattens Dollar
BTC price sees near-term relief with falling DXY, but Bitcoin analysts warn Japan's move means a carnage for global markets.
![Bitcoin drops $16,000 drop in while 'Leeroy Jenkins' Bank of Japan flattens dollar](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror= redirect,quality=90,width=1434/https://s3.cointelegraph.com/uploads/2022-12/bc8c825d-98c7-4948-aa7f-42fb76524e57.jpg)
![Bitcoin Drops $16,000 Low as Bank of Japan “Leeroy Jenkins” Flattens Dollar](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTIvYmM4YzgyNWQtOThjNy00OTQ4LWFhN2YtNDJmYjc2NTI0ZTU3LmpwZw==.jpg?#)
BTC price sees near-term relief with falling DXY, but Bitcoin analysts warn Japan's move means a carnage for global markets.
![Bitcoin drops $16,000 drop in while 'Leeroy Jenkins' Bank of Japan flattens dollar](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror= redirect,quality=90,width=1434/https://s3.cointelegraph.com/uploads/2022-12/bc8c825d-98c7-4948-aa7f-42fb76524e57.jpg)
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