Live updates: Bitcoin at $63,600 as rare US-Japan yen action tests carry-trade fears

Japan may have spent as much as $36.6 billion buying yen in the first joint US-Japan action to support the currency since 1998. Bitget Wallet’s Alvin Kan says it can slow a disorderly slide without reversing the broader trend.

The top 3

  1. Bitcoin's Price Milestones & Market Impact: Explore Bitcoin's historical price performance and its current standing among other cryptocurrencies and global adoption rates.
  2. Global Currency Market Leaders & Dynamics: Examine the most influential currencies in global trade and the historical movements of the USD/JPY pair, including significant central bank interventions.
  3. Carry Trade Strategy: Key Currencies & Risks: Understand the carry trade investment strategy, the currencies most often involved, and historical instances of significant losses or unwinds.

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