Home
News
Details

Yen Carry Trade Unwind Pressures Bitcoin Amid Fed Policy Shift

iconNewsBTC
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
This is the logo of the coin.
BTC
$88,905.900.92%
Yen carry trade unwind is testing Bitcoin’s support and resistance levels as liquidity shifts globally. Graham Stephan highlighted how the Fed’s rate cuts and Japan’s tightening are breaking down the trade, leading to asset sales and leverage unwinding. Bitcoin, often a barometer for risk appetite, faces potential forced selling. With the Fed ending quantitative tightening, value investing in crypto may gain traction as markets adjust. BTC traded at $87,082 at press time.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.