Bitcoin

‘The Clearest Macro Risk to Bitcoin’: Why Bitfinex Is Warning Investors About the Yen Carry Trade

Analysts warn that a reversal in the current conditions of the Japanese yen, as the Bank of Japan moves to protect its fiat currency, would lead investors to unwind risk positions globally, impacting tech stocks and bitcoin markets primarily. Yen Carry Trade Reversal Awakens Fears in Bitcoin Analysts One of the most relevant global liquidity…

Japanese Yen billAnalysts warn that a reversal in the current conditions of the Japanese yen, as the Bank of Japan moves to protect its fiat currency, would lead investors to unwind risk positions globally, impacting tech stocks and bitcoin markets primarily. Yen Carry Trade Reversal Awakens Fears in Bitcoin Analysts One of the most relevant global liquidity […]

Source: https://news.bitcoin.com/the-clearest-macro-risk-to-bitcoin-why-bitfinex-is-warning-investors-about-the-yen-carry-trade/