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Kato's remarks come amid concerns over Japan's high debt-to-GDP ratio and the potential for financial repression and yen depreciation.
Bitcoin has retraced to pre-Powell levels, maintaining bearish technical setup.
Bitcoin's price flash crashed on Sunday after a whale reportedly sold 24,000 BTC, reversing gains from Fed Chair Powell's dovish...
Bitcoin's price has surpassed $100,000, yet only 18% of surveyed interns own or use cryptocurrencies, indicating early-stage adoption.
While Powell's stance supports a crypto rally, potential risks include corporate treasury adoption challenges and equity market volatility.
Bitcoin held a crucial support level amid cautious market positioning ahead of Powell's Jackson Hole speech.
Powell is scheduled to speak Friday morning at the Fed’s annual Jackson Hole Economic Policy Symposium.
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