TREE NEWS reports: Yen’s sharp appreciation has weakened the dollar, lifting bitcoin and gold together, breaking the traditional risk-off link. Bitcoin trades at $78,535.67, benefiting from dollar weakness and looser financial conditions. However, analysts warn that a disorderly yen surge could trigger massive unwinding of yen carry trades, pressuring risk assets.
Yen Strength Boosts Bitcoin, but Carry Trade Risks Loom
Related Coin Charts
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.
Related News
19m ago
China Bulk Commodity Market to Stay Stable in Q4 Peak Season
30m ago
Israeli Airstrikes Kill at Least 5 in Southern Lebanon
37m ago
Iraq to Receive Gasoline Shipments to Ease Shortage
47m ago
US Offers Nvidia Chips Access in Armenia-Azerbaijan Peace Deal
50m ago
DoubleLine credit chief sees value in big tech bonds after AI selloff
1h ago
Middle East shipping rates jump over 50% as Red Sea crisis persists