With the Bank of Japan (BOJ) expected to hike rates next week, some observers are worried that the Japanese yen could surge, triggering an unwinding of “carry trades,” crushing bitcoin.
With the Bank of Japan (BOJ) expected to hike rates next week, some observers are worried that the Japanese yen could surge, triggering an unwinding of “carry trades,” crushing bitcoin.
The so-called yen carry trade returned to the spotlight after the recent $4,000 cryptocurrency market flash crash, following Japanese government bond yields reaching historic highs. Learn how expectations of rate
Soaring Japanese bond yields ignited a rush out of risk assets, hammering bitcoin below key levels as the yen carry trade unwound and volatility ripped through crypto and metals, intensifying
Bitcoin’s slide intensified as a strengthening yen squeezed carry trades and triggered swift deleveraging across crypto, revealing how shifting expectations for Japan’s policy path can jolt digital assets, a pattern
News ▸ Bitcoin ▸ Featured $150B wiped: Bitcoin drops below $87k on Japan yield shock with insights from CoinGlass Thin order books met hard macro triggers and the market snapped
Mounting stress from a rapidly unwinding yen carry trade is reviving fears of a broad market slide, driving Robert Kiyosaki’s latest warning that investors brace for turbulence by shifting toward
While markets initially reacted with uncertainty to Japan’s massive stimulus, the long-term effects of a weak yen and measures to defend it could propel bitcoin to new records, even amid
In Focus ▸ Japan ▸ Bitcoin ▸ Regulation Japan’s 20% crypto tax sets a new bar in Asia, pressuring Singapore and Hong Kong as retail costs fall Japan’s sweeping crypto
A broader shift toward integrated digital payments is accelerating in Japan as Binance Japan activates Paypay Money and Paypay Points for seamless spot-market crypto transactions, enabling rapid deposits, withdrawals, and
Bitcoin BTC$85,533.71 is not the only asset taking a beating this quarter. The Japanese yen (JPY) is also down 157.20 per U.S. dollar, a big move for a major fiat






