Exchange Rate Calculator

As of July 3, 2025, the exchange rate between Bitcoin (BTC) and the Japanese Yen (JPY) stands at approximately ¥15,721,867 per Bitcoin. (coingecko.com) This figure reflects the dynamic nature of the cryptocurrency market, influenced by various factors over recent months.

Recent Trends in BTC/JPY Exchange Rate

Over the past six months, the BTC/JPY exchange rate has exhibited notable fluctuations. The highest recorded rate during this period was ¥16,523,631 on January 21, 2025, while the lowest was ¥11,130,871 on April 8, 2025. The average exchange rate over these six months was approximately ¥14,269,316. (exchange-rates.org)

In the last week leading up to July 3, 2025, the exchange rate experienced a 3.6% increase, rising from ¥15,408,096 on July 1 to ¥15,721,867 on July 2. (coingecko.com) This upward trend indicates a recent strengthening of Bitcoin against the Japanese Yen.

Technical Analysis Indicators

As of June 30, 2025, technical analysis of the BTC/JPY pair presented a neutral outlook. Key indicators included:

• Relative Strength Index (RSI 14): 49.794 (Neutral)
• Stochastic Oscillator (STOCH 9,6): 99.448 (Overbought)
• Moving Average Convergence Divergence (MACD 12,26): 18,521.978 (Buy)
• Average Directional Index (ADX 14): 23.794 (Sell)
• Williams %R: -0.76 (Overbought)

These indicators suggest a balanced market with potential overbought conditions, indicating that the recent price increase may be due for a correction. (investing.com)

Historical Context and Market Behavior

Comparing the current exchange rate to historical data provides insight into market behavior. In October 2021, the BTC/JPY rate peaked at ¥7,423,201 on October 21, reflecting a bullish market phase. (freecurrencyrates.com) By October 2022, the rate had declined to ¥3,049,856 on October 31, indicating a bearish trend. (freecurrencyrates.com) The current rate of approximately ¥15,721,867 suggests a significant recovery and growth in Bitcoin's value against the Yen over the past few years.

Factors Influencing BTC/JPY Exchange Rate

Several factors contribute to the fluctuations in the BTC/JPY exchange rate:

1. Global Cryptocurrency Market Trends: Bitcoin's value is heavily influenced by global market sentiment, regulatory developments, and technological advancements within the cryptocurrency space.

2. Japanese Economic Policies: Monetary policies implemented by the Bank of Japan, including interest rates and quantitative easing measures, can affect the value of the Yen, thereby impacting the BTC/JPY exchange rate.

3. Market Demand and Supply: The balance between Bitcoin's supply (including mining activities) and demand (from investors and consumers) directly affects its price.

4. Technological Developments: Advancements in blockchain technology and Bitcoin's infrastructure can enhance its utility and adoption, influencing its value.

5. Regulatory Environment: Changes in cryptocurrency regulations within Japan and globally can impact investor confidence and market dynamics.

Conclusion

The BTC/JPY exchange rate has demonstrated significant volatility over recent months, influenced by a complex interplay of market dynamics, economic policies, and technological developments. While recent trends indicate a strengthening of Bitcoin against the Japanese Yen, investors should remain vigilant and consider various factors when engaging in cryptocurrency transactions.