Japan spent a record $73 billion to stabilize the yen but failed. The yen trades near 40-year lows, with implications for crypto via carry trade dynamics.

"There’ll come a point when markets will just ignore intervention."

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.

The yen is at 40-year lows near 162 JPY/USD. Here's why the carry trade risks matter for Bitcoin and global crypto markets.

Japan's yen has weakened to 162 per dollar, its lowest since 1986, squeezing households and businesses while creating ripple effects across crypto markets.

Japan spent a record $73 billion to stabilize the yen but failed. The yen trades near 40-year lows, with implications for crypto via carry trade dynamics.