Bitcoin’s price has shown an unusually strong negative 52-week correlation with the dollar-yen exchange rate. Here's what it means.

BTC fell in Asia as the Japanese yen tanked to four-decade lows, lifting the dollar higher across the board.

Bitcoin’s price has shown an unusually strong negative 52-week correlation with the dollar-yen exchange rate. Here's what it means.

Bitcoin's 52-week correlation with USD/JPY hits -0.90, challenging the yen carry trade theory as BTC moves inversely to dollar-yen dynamics.

The Japanese yen hit 162.40 per dollar, its weakest since 1986, after a 57% decline since 2021. Here's what it means for Bitcoin and global markets.