The yen is quietly crashing as Japan’s debt crisis bleeds into currency markets, and efforts to halt the slide are 'doomed to fail,' economist says | Fortune

Japan's yen slides to 40-year lows as debt crisis deepens, and crypto markets should be paying attention

Japan's yen hits 40-year lows near 162 per dollar as $73.5B in interventions fail. The yen carry trade poses major risks for Bitcoin and crypto markets.