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

Posted On June 30, 2026

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

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DogeMan

Bitcoin (BTC) $ 62,545.00 0.92%
Ethereum (ETH) $ 1,763.89 1.23%
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