Bitcoin’s -0.90 Correlation With Dollar-Yen Rate Debunks Crypto Carry Trade Theory
The global financial landscape is experiencing a significant shift in macro asset correlations. Bitcoin (BTC), often celebrated as an uncorrelated alternative asset, has locked into an unusually strong negative 52-week rolling correlation of -0.90 with the USD/JPY currency pair. According to TradingView market data, this is the most pronounced inverse relationship recorded since late 2022. … Read more



