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Bitcoin's 52-week correlation with USD/JPY hits -0.90, undercutting 'carry trade' theory

Source: CoinDesk
Bitcoin's 52-week correlation with USD/JPY hits -0.90, undercutting 'carry trade' theory

Bitcoin’s price has shown an unusually strong negative 52-week correlation with the dollar-yen exchange rate.

Read original on CoinDesk
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CoinMagnetic Team

Crypto investors since 2017. We trade with our own money and test every exchange ourselves.

Updated: June 2026

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