Bitcoin's correlation with dollar-yen rate hits -0.90, undercutting 'carry trade' theory
CoinDesk· Omkar Godbole· Jun 30, 2026 · 7:14 AM
Bitcoin’s price has shown an unusually strong negative 52-week correlation with the dollar-yen exchange rate.
This is a summary. Read the complete story at CoinDesk below.
Read full article at CoinDeskRelated Stories
cryptoabout 4 hours ago
U.S. diesel prices hit record high as bitcoin and gold struggle
Record diesel prices could feed through to consumer price inflation, confirming more Fed rate hikes. The central bank appears determined to raise rates into a oil supply shock.
CoinDesk
cryptoabout 6 hours ago
BitMEX faces Celsius lawsuit ahead of exchange closure
The Celsius estate alleges BitMEX wrongfully liquidated and seized 6,360 BTC, worth nearly $490 million, during the March 2020 market crash.
Cointelegraph
cryptoabout 6 hours ago
OpenAI discloses 6 new cases of ‘misaligned’ AI behavior
The six cases are separate from July’s incident, when OpenAI models escaped containment and hacked Hugging Face during a security evaluation.
Cointelegraph