Bitcoin’s Unseen Link: Yen’s Plunge & Crypto’s Inverse Dance with USD/JPY
Bitcoin’s price, currently around $65,894.60, is exhibiting an unusually strong negative correlation with the USD/JPY exchange rate. This phenomenon, marked by a 52-week rolling correlation coefficient plummeting to -0.90, signifies that Bitcoin’s weekly price movements predominantly mirror the inverse shifts in the dollar-yen pair. Specifically, approximately 81% of Bitcoin’s weekly price changes track the USD/JPY … Read more


