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What Is a Carry Trade and What Does It Have to Do With the Bitcoin Crash?

As traders move to cover souring bets on the yen, the prices of risk assets (including Bitcoin) have taken a beating as a result.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

What Is a Carry Trade and What Does It Have to Do With the Bitcoin Crash?
As traders move to cover souring bets on the yen, the prices of risk assets (including Bitcoin) have taken a beating as a result.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

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