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Markets

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

by shayaan


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

www.coindesk.com

See also  ETF inflows growth hits $1T in 6 months — Bitcoin ETFs lost $4.2B

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