Japan’s Higher Rates Puts Bitcoin in the Crosshairs of a Yen Carry Unwind
Japan’s bond yields are ripping to multi-year highs and markets are pricing in a 90% chance of a BOJ rate hike — a move that could unwind yen carry trades and slam crypto liquidity.
The last time this happened? August 2024, when BTC dumped to $49K and crypto shed $600B in a week.
If the yen keeps strengthening, Bitcoin may face another heavy macro squeeze.
Do you think a BOJ rate hike triggers a fresh BTC drop — or does Bitcoin shrug it off this time? 👇
