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Japan's Yen Woes Threaten Bitcoin Carry Trade Liquidation

Beincrypto Read original source (opens in a new tab)
The Story

News Summary

  • Japan's struggling yen intervention risks unwinding carry trades, pressuring Bitcoin.
  • If officials act aggressively, investors may sell BTC to cover debts, mirroring past market dips.
  • Longer term, Asian adoption remains a bullish theme.
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BTCUSD price history

78642.51 +19.37% over the displayed period

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