Episode Details

Back to Episodes
Bitcoin and Yen Defy Carry Trade | Bitcoin and Crypto News

Bitcoin and Yen Defy Carry Trade | Bitcoin and Crypto News

Published 1 week, 5 days ago
Description

Bitcoin’s wild ride this year defies old-school finance: it’s moving inversely to the dollar-yen exchange rate, breaking the “carry trade” playbook that once said a weaker yen should fuel crypto gains. While data shows a near-perfect negative correlation, experts suspect it’s not Bitcoin chasing the yen—but both being dragged down by the rising U.S. dollar. Don’t bet your portfolio on this correlation alone—market forces are pulling the strings.

Listen in comfort:
Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn

Advertise on DNN:
advertise@thednn.ai

This is an automated, high-level news summary based on public reporting.
Report issues to feedback@thednn.ai.

View sources & latest updates:
https://sources.thednn.ai/187a07d63306f49a

Listen Now

Love PodBriefly?

If you like Podbriefly.com, please consider donating to support the ongoing development.

Support Us