// COMPARE

Bitcoin slipped to $73,558 (-1.06%) as risk assets diverged — equities rallied on ceasefire optimism while crypto faded. ETH down 0.76% in sympathy.

The Trump regulator dropping the Winklevoss case should be tailwind, but BTC dominance at 57.7% with falling prices says new flows aren't arriving. Crypto trades like a stale long here, not a fresh bid.

$72,000 is the line that turns this from chop into a real downside test. ETF flow data Friday; any positive headline on the Genius Act/regulation push could re-anchor. Resistance $75,500.

USD/JPY slipped to 159.24 (-0.20%) as the dollar lost some Iran-premium overnight, but the pair stayed pinned near intervention-watch territory. Yen failed to capitalize on lower US yields.

The carry is still doing the work — even with US10Y at 4.46% (-0.58%), the differential vs JGBs keeps shorts on the back foot. Only MoF intervention or a Fed-pivot signal breaks this.

BoJ summary of opinions Friday; any hawkish hint accelerates yen recovery. 160.00 is the line that triggers verbal intervention rhetoric. Downside support 158.50 then 157.80.