Understanding Japan’s Yen carry trade
On August 5th, Japan’s Yen carry trade gained widespread attention. Japan’s Nikkei had its worst single-day plunge since the 1987 Black Monday crash. Bitcoin, recently flirting with $70k, also plummeted below $49k – taking the rest of the crypto market with it.
#yencarrytrade #yen #japan #crypto #nikkei
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