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Bitcoin's correlation with dollar-yen rate hits -0.90, undercutting 'carry trade' theory
Exchange UpdatePublic

Bitcoin's correlation with dollar-yen rate hits -0.90, undercutting 'carry trade' theory

CoinDesk·June 30, 2026·1 min read
Bitcoin’s price has shown an unusually strong negative 52-week correlation with the dollar-yen exchange rate.
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