Silver pushed above $101 per ounce Friday after earlier surpassing $100 for the first time, while gold traded just below $5,000.
Bitcoin (BTC $87,757.89) reclaimed $91,000 in early U.S. afternoon trading, testing a potential breakout from its week-long range of $88,000–$90,000. The roughly 2% bounce from morning lows is linked by some traders to suspected intervention in the Japanese foreign exchange market.
The Bank of Japan left policy unchanged overnight but adopted a slightly hawkish tone, sending the yen higher against the U.S. dollar. The move accelerated around noon on the U.S. east coast, prompting speculation it may reflect FX intervention. Traders note that the yen’s recent weakness had pressured bitcoin and other risk assets, suggesting a reversal could benefit cryptocurrencies.
Crypto stocks rebound
Bitcoin-linked equities recovered early losses. Miners with AI exposure, including Iren (IREN), Hut 8 (HUT), TeraWulf (WULF), and CleanSpark (CLSK), rose 5%–10%. Strategy (MSTR) gained 5%, and Coinbase (COIN) narrowed its decline to 1%.
U.S. equities also rebounded, with the Nasdaq up 0.6%.
Precious metals surge
Silver rose more than 5% to $101.44 per ounce, gold added 1.5%, and platinum and palladium jumped over 6% each, reflecting ongoing demand for safe-haven assets amid market volatility
