Bitcoin News: Japanese Yen Drop Signals Another Yen Carry Trade, Will BTC Price Hold Up?

The Japanese Yen has gained to the highest levels against the U.S. Dollar since Jan 2024 raising severe concerns regarding the Yen carry trade unwinding going ahead. With the USDJPY currency pair losing strength, BitMEX CEO Arthur Hayes has flashed warning signs already. The last time the Yen carry trade unwinding happened, the BTC price The post Bitcoin News: Japanese Yen Drop Signals Another Yen Carry Trade, Will BTC Price Hold Up? appeared first on CoinGape .