BTC$59,294.00-1.30%ETH$1,583.09+0.40%USDT$0.998386-0.02%BNB$549.04-0.77%USDC$0.999614-0.01%XRP$1.04-0.52%SOL$73.69+1.08%TRX$0.317886-1.76%FIGR_HELOC$1.05+2.60%HYPE$65.26+4.48%DOGE$0.072443-0.33%RAIN$0.015777+1.41%USDS$0.999445-0.02%LEO$9.54+1.56%

◆ #carry trade

Markets2m read

Bitcoin's 52-Week Correlation with USD/JPY Hits -0.90, Challenging Carry Trade Theory

Bitcoin has shown an unusually strong negative 52-week correlation of -0.90 with the USD/JPY exchange rate, undercutting 'carry trade' investment theories.

Jun 30, 2026