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Live updates: Bitcoin at $63,600 as rare US-Japan yen action tests carry-trade fears

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Live updates: Bitcoin at $63,600 as rare US-Japan yen action tests carry-trade fears

Japan may have spent as much as $36.6 billion buying yen in the first joint US-Japan action to support the currency since 1998. Bitget Wallet’s Alvin Kan says it can slow a disorderly slide without reversing the broader trend.

Live updates: Bitcoin at $63,600 as rare US-Japan yen action tests carry-trade fears


Source:CoinDesk

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Source:https://www.coindesk.com/business/2026/08/04/live-updates-bitcoin-at-usd63-600-as-rare-us-japan-yen-action-tests-carry-trade-fears