Japan's $73 billion intervention fails to halt the yen's slide to 1986 lows against the dollar, with carry trade unwinds pressuring Bitcoin and crypto

The Japanese yen weakened to its lowest level against the U.S. dollar since 1986 on Tuesday, keeping investors on alert for possible intervention from Japanese authorities.

Japan's Finance Minister signals readiness to intervene as the yen nears 162 per dollar after a record $73B intervention, raising crypto carry trade