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Wire briefingcrypto1 min · CoinDesk

Bitcoin's 52-week correlation with USD/JPY hits

Bitcoin’s price has shown an unusually strong negative 52-week correlation with the dollar-yen exchange rate.

Bitcoin's 52-week correlation with USD/JPY hits -0.90, undercutting 'carry trade' theory

Bitcoin’s price has shown an unusually strong negative 52-week correlation with the dollar-yen exchange rate.

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