ChainCatcher news, derivatives trader Gordon Grant stated that, in addition to the Federal Reserve's policy changes, the weakening of the yen has also provided support for Bitcoin. The USD/JPY has been strengthening since Monday, giving Bitcoin further upside potential.Gordon Grant mentioned that the strengthening of the USD/JPY has historically been favorable for high-risk assets, as the yen is often used as a funding currency for "risk-on" trades, where investors borrow low-interest currencies like the yen to seek higher returns.