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U.S.-Japan intervention revives yen carry trade fears for bitcoin

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U.S.-Japan intervention revives yen carry trade fears for bitcoin

Coordinated action sent the yen sharply higher, but bitcoin’s recent correlation suggests U.S. dollar strength, rather than the carry trade, may be the bigger risk.

U.S.-Japan intervention revives yen carry trade fears for bitcoin

Source：CoinDesk

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Source：https://www.coindesk.com/markets/2026/08/03/u-s-japan-intervention-revives-yen-carry-trade-fears-for-bitcoin