Bitcoin's 52-week correlation with USD/JPY hits -0.90, undercutting 'carry trade' theory
Covered by 3 sources · 3 articles
3 outlets - including Newsbtc, Cryptobriefing and Coindesk - are covering this story. Bitcoin’s USD/JPY Correlation Flips The Carry Trade Story On Its Head: what the validated data shows, why it matters for crypto markets, and the caveat.
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Bitcoin’s USD/JPY Correlation Flips The Carry Trade Story On Its Head
Bitcoin’s USD/JPY Correlation Flips The Carry Trade Story On Its Head: what the validated data shows, why it matters for crypto markets, and the caveat.
Bitcoin’s 52-week correlation with USD/JPY hits -0.90, undercutting carry trade theory
Bitcoin's inverse correlation with USD/JPY suggests a shift in market dynamics, challenging traditional carry trade models and investor strategies. The post Bitcoin’s 52-week correlation with USD/JPY hits -0.90, undercutting carry trade the…
Bitcoin's 52-week correlation with USD/JPY hits -0.90, undercutting 'carry trade' theory
Bitcoin’s price has shown an unusually strong negative 52-week correlation with the dollar-yen exchange rate.