Today BTC hit a wall around $93K and just... stayed there.
Meanwhile, Japanese bond yields? Shooting straight up like a rocket.
Yet the crypto market isn't melting down. Interesting.
Could this be the Japanese Yen carry trade effect playing out? That old leverage game where traders borrow yen cheap and pile into higher-yield assets?
Whatever's happening, one thing's clear: markets are finally showing signs of life again. Price action getting spicy.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
9 Likes
Reward
9
8
Repost
Share
Comment
0/400
CryptoCrazyGF
· 12-05 07:24
93K card has been stuck for so long, yen arbitrage is stirring things up again... Feels like this wave is about to take off.
View OriginalReply0
BTCWaveRider
· 12-04 13:02
93K is really stuck. Japanese bond yields are taking off, but the crypto market hasn't crashed. This nested market situation is truly unbelievable.
View OriginalReply0
RugResistant
· 12-04 12:57
The 93k card here is really annoying. Can Japanese bond yields keep holding up as they soar? That's pretty interesting.
View OriginalReply0
FUD_Vaccinated
· 12-04 12:56
93K was stuck for a long time, but Japanese bond yields soared instead... This logic is a bit wild.
View OriginalReply0
GasWaster
· 12-04 12:53
93K is stuck, this time it's really different.
View OriginalReply0
RektCoaster
· 12-04 12:51
93K is stubbornly holding; if it doesn't break, there won't be a new move, bro.
View OriginalReply0
quietly_staking
· 12-04 12:43
93k has been stuck for so long, and Japanese bond yields are still soaring... This round of carry trade really has a strong vibe.
View OriginalReply0
MrRightClick
· 12-04 12:41
93k remains unmoved, Japanese government bond yields are soaring... Is this round of carry trade taking off?
Today BTC hit a wall around $93K and just... stayed there.
Meanwhile, Japanese bond yields? Shooting straight up like a rocket.
Yet the crypto market isn't melting down. Interesting.
Could this be the Japanese Yen carry trade effect playing out? That old leverage game where traders borrow yen cheap and pile into higher-yield assets?
Whatever's happening, one thing's clear: markets are finally showing signs of life again. Price action getting spicy.