Bitcoin and Yen Correlation Hits -0.90: Why the Crypto Carry Trade Theory is Breaking Down
A remarkable macroeconomic shift is unfolding in the digital asset markets. The 52-week rolling correlation coefficient between Bitcoin (BTC) and the USD/JPY currency pair has plunged to a historic -0.90. According to data from TradingView, this indicates that approximately 81% of weekly price movements in Bitcoin can now be statistically explained by fluctuations in the … Read more

