A sharp rise in the yen has left bitcoin and other major cryptocurrencies underperforming in yen terms compared with their dollar-based trading pairs.

SBI VC Trade says corporate demand for crypto is rising as a weak yen pushes firms to diversify reserves, part of a run that took its registered accounts past 2 million.

Hedge funds have turned the most bearish on the yen since 2007, boosting bets on further losses to nearly 138,000 contracts as of June 30.

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 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.

A sharp rise in the yen has left bitcoin and other major cryptocurrencies underperforming in yen terms compared with their dollar-based trading pairs.

Bitcoin holds steady at $62K-$64K in USD but weakens in JPY as Bank of Japan intervention fears grow. BTC-USD/JPY correlation hits -0.90.

Explore the implications of the carry trade on global markets, focusing on the yen's impact on tech stocks and cryptocurrencies.