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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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Stay updated with the latest trends and expert analyses in cryptocurrency on Digit Info, your go-to site for auto-bookmarked crypto news and insights from top sites

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  • bitcoinBitcoin(BTC)$89,456.00-2.64%
  • ethereumEthereum(ETH)$3,027.14-2.90%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.03-2.88%
  • binancecoinBNB(BNB)$882.45-1.61%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$132.34-5.11%
  • tronTRON(TRX)$0.2861161.25%
  • staked-etherLido Staked Ether(STETH)$3,025.79-2.46%
  • dogecoinDogecoin(DOGE)$0.138703-5.76%
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  • bitcoinBitcoin(BTC)$89,456.00-2.64%
  • ethereumEthereum(ETH)$3,027.14-2.90%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.03-2.88%
  • binancecoinBNB(BNB)$882.45-1.61%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$132.34-5.11%
  • tronTRON(TRX)$0.2861161.25%
  • staked-etherLido Staked Ether(STETH)$3,025.79-2.46%
  • dogecoinDogecoin(DOGE)$0.138703-5.76%