BTC$59,279.00-1.14%ETH$1,583.11+0.58%USDT$0.998396-0.02%BNB$548.96-0.69%USDC$0.999584-0.01%XRP$1.04-0.42%SOL$73.69+1.21%TRX$0.317911-1.87%FIGR_HELOC$1.05+2.60%HYPE$65.27+4.55%DOGE$0.072432-0.31%RAIN$0.015777+1.47%USDS$0.999441-0.02%LEO$9.54+1.55%

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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