US Yen Action Signals Bitcoin Liquidity Risk
Visit this link and make consistent profit in Binance futures trading, receive free bitcoin trading signals and Cornix trading Bot for the best automated trades – https://telegram.me/progrouptraders The first US-Japan joint yen intervention in 28 years came amid record bond yields and worries about the yen carry trade. Joint currency interventions in the yen by Japan and the US could ultimately benefit Bitcoin and risk assets. The first joint intervention in the yen between Japan and the US since the late 1990s could set a precedent for future moves. A liquidity crisis tied to the yen carry trade poses questions for Bitcoin (BTC) and risk assets as the two countries attempt a juggling act to stabilize the currency without impairing US Treasury markets. Japanese two-year bond yields rose above 1.57% on Monday. Bessent signals new era of US yen involvement Washington’s growing coordination with the Bank of Japan (BoJ) points to a potential boost in glob...