Japan's Rate Hikes Threaten Yen Carry Trade as Bitcoin Faces Similar Shock to 2024
According to JPMorgan strategist David Lebovitz, Japan's central bank is raising rates for the third time in 12 months as the economy exits its 30-year slump, putting pressure on the yen and threatening the carry trade that has historically funded cryptocurrency investments. The U.S. and Japan
BTC-0.13%
GateNews·1h ago


