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3232‘Yen Carry Trade’ Blamed for Global Market Rout, Jump Crypto’s ETH Sale Worsens Ether Plunge
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Mon, 05 Aug 2024 16:20:18 +0000https://www.digit.info/yen-carry-trade-blamed-for-global-market-rout-jump-cryptos-eth-sale-worsens-ether-plunge/Read more]]>The narrowing Japanese “yen carry trade” has been blamed for the Aug. 5 global market downturn that sent stock markets and top cryptocurrencies like bitcoin and ethereum plunging by double-digit figures. Some experts cite the disappointing U.S. jobs data and Mt Gox-related selling as factors contributing to the decline. Nikkei Posts Worst Single-Day Loss In […]