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Yen falls to weakest level against US dollar since July 2024, raising crypto contagion risk
The Japanese yen hit 160 per dollar, its weakest since July 2024. Here's why yen carry trade risks could trigger volatility in Bitcoin and crypto markets.
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cryptobriefing.com
Timeline cronologica
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Bank of Japan raises rates to highest level since 1995, but yen refuses to rally
The Bank of Japan raised rates to 1%, the highest since 1995, but the yen remains weak above 160 per dollar. Here's what it means for crypto and markets.
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Yen tumbles to 31-year low as Bank of Japan faces challenges
The Bank of Japan raised its benchmark rate to 1%, a 31-year high, as the yen weakens to 160 per dollar. Japan also approved its first yen stablecoin, JPYC.
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Yen falls to weakest level against US dollar since July 2024, raising crypto contagion risk
The Japanese yen hit 160 per dollar, its weakest since July 2024. Here's why yen carry trade risks could trigger volatility in Bitcoin and crypto markets.