yen carry trade

Bitcoin

2026-07-31 07:46:10

Bitcoin Holds Near $63,900 After BOJ Keeps Rates at 1%; BNB Outperforms

Bitcoin traded near $63,900 on Friday and was little changed after the Bank of Japan kept its benchmark interest rate at 1%. Markets took Governor Kazuo Ueda’s hawkish tone in stride, with the yen giving back its move during his press conference and USD/JPY returning to where it began. Traders had already priced in a high probability of an October rate hike, limiting the market impact of his remarks. Ueda said inflation should move above 2% later in the current fiscal year and cited AI demand and yen weakness as factors pushing prices higher. Those same themes have been central to crypto trading this month, with a softer yen supporting the carry trade that channels capital into risk assets, while the AI investment cycle has remained one of the macro trades bitcoin has tracked closely. Elsewhere, the broader crypto market was calm. Ether held near $1,885, while BNB was the standout among major tokens, rising 3.5% on the day and 4.4% over the week to around $591, according to CoinDesk data.

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Bank of Japan

2026-07-24 09:25:16

Japan’s Surging Bond Yields Could Become Crypto’s Next Sell-Off Trigger

Japan’s long-dated bond yields are climbing, raising concerns that a reversal in the yen carry trade could tighten global liquidity and pressure Bitcoin, Ether, and other crypto assets.

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Japan bonds

2026-07-24 07:55:16

Iran's Hormuz Blockade Sends Japan's 10-Year Bond Yield to 25-Year High

Iran's blockade of the Strait of Hormuz drove Japan's 10-year bond yield to 2.39%, highest since 1999. Japan releases record 80 million barrels of strategic reserves as BOJ faces rate hike dilemma; yen carry trade unwind risks $500 billion in positions.

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Bank of Japan

2026-07-24 05:20:18

BOJ Former Board Member Warns of June Rate Hike, Yen Carry Trade Unwind Risk Looms Over Crypto

Former BOJ board member Makoto Sakurai said a June rate hike to 1% is very likely, with OIS pricing at 77-80%. Tokyo CPI hit a 4-year low but he called it a technical blip. US Treasury Secretary Bessent's visit signaled support, removing political hurdles. Crypto markets face potential yen carry trade unwinding.

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Bank of Japan

2026-07-23 20:00:16

Japan PM Takaichi Says No to Rate Hike, Yen Slides, Crypto Breathes Easier

Japan PM Takaichi reportedly urged BOJ Governor Ueda against further rate hikes, sending the yen lower. Market expectations for a March rate hike fade, easing liquidation risks for crypto assets tied to yen carry trades.

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Bank of Japan

2026-07-23 10:55:15

BOJ Raises Rates to 1%: Will Bitcoin Face Another Sharp Selloff?

The Bank of Japan lifted its policy rate to 1.0%, the highest since 1995. Crypto traders are watching yen carry trade unwinds and the Fed's next signal for clues on whether Bitcoin and altcoins face renewed pressure.

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Bitcoin crash

2026-07-22 21:50:14

Pantera Partner Reveals Mega Asian Trader's Yen Carry Blowout Triggered Bitcoin Crash; BTC Rallies to $65K as Whales Scoop Up Coins

A Pantera Capital partner directly blamed a single Asian whale's yen carry trade liquidation for Bitcoin's May crash. Within days, BTC bounced back near $65,000, with dormant whale addresses and Metaplanet aggressively accumulating.

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Bitcoin

2026-07-22 17:55:14

Bitcoin Traders Eye BOJ Rate Decision as Yen Shorts Hit Nine-Year High

Bank of Japan expected to raise rates to 1% on Tuesday. Yen speculative shorts exceed 115,000 contracts, raising risks of unwind that could roil crypto markets.

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