Ether, Solana and Dogecoin slide as yen hits 40-year low and Strategy plans bitcoin sales

Major cryptocurrencies fell as the Japanese yen hit a 40-year low against the dollar, boosting the greenback and pressuring risk assets. Strategy's plan to sell over $1 billion in bitcoin added to market caution.

• Bitcoin traded around $59,500, down 7% on the week and below its 200-week moving average.
• Ether fell 8.2% to $1,587, dogecoin slid 11.9% to $0.072, while Solana bucked the trend with a 3% gain.
• The yen weakened past 162 per dollar, its lowest since 1986, pushing the dollar higher.
• On-chain demand stayed muted with active addresses flat and transaction fees contracting.
• Strategy may sell over $1 billion in bitcoin under a new monetization program, a reversal of its long-held 'never sell' stance.

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