- The yen price of Bitcoin on the Tokyo exchange bitFlyer fell by almost 15%, which is significantly more than its dollar price on Western exchanges, where the fall was 11%.

- This happened against the backdrop of a sharp strengthening of the yen after an interest rate increase in Japan by 0.25%.

- Trading volume on bitFlyer increased by 241% in 24 hours, exceeding $220 million.

- The strengthening of the yen by 10% against the dollar over three weeks led to the sale of risky assets, including Bitcoin.

- Japan's Topix 100 index had its worst session since 2011, and the Nikkei 225 fell 12.4%.

- Cryptocurrency futures liquidations exceeded $1 billion in the last 24 hours.

- Some analysts believe that the market may reach a local bottom in the coming days.