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How the Bank of Japan wrecked the yen carry trade — and crypto markets

August 6, 2024 by DIGIT
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Why did the crypto market lose 15% of its value in one weekend? Thank the Bank of Japan for playing a starring role.

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  • bitcoinBitcoin(BTC)$89,174.00-3.36%
  • ethereumEthereum(ETH)$3,025.07-3.75%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.03-3.35%
  • binancecoinBNB(BNB)$881.74-2.13%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$132.59-4.79%
  • tronTRON(TRX)$0.2857640.19%
  • staked-etherLido Staked Ether(STETH)$3,024.37-3.56%
  • dogecoinDogecoin(DOGE)$0.138896-5.93%
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  • bitcoinBitcoin(BTC)$89,174.00-3.36%
  • ethereumEthereum(ETH)$3,025.07-3.75%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.03-3.35%
  • binancecoinBNB(BNB)$881.74-2.13%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$132.59-4.79%
  • tronTRON(TRX)$0.2857640.19%
  • staked-etherLido Staked Ether(STETH)$3,024.37-3.56%
  • dogecoinDogecoin(DOGE)$0.138896-5.93%