Bitcoin’s Surprising Inverse Link: -0.90 Correlation with Dollar-Yen Reshapes Market Theory
Bitcoin’s price is demonstrating an exceptionally strong negative 52-week correlation with the dollar-yen exchange rate (USD/JPY). This unusual relationship, marked by a coefficient of -0.90, challenges established market theories, particularly the long-held “carry trade” narrative, and highlights the complex interplay of global macroeconomic factors. Understanding the -0.90 Correlation A correlation coefficient is a statistical measure … Read more





