💥 YEN RALLIES, MARKETS RESPOND — AND CRYPTO MADE NOISE
Japan’s yen has strengthened after recent political and fiscal signals — reversing some of the weakness we’ve seen for months.
Here’s why that matters beyond FX:
• A stronger yen reduces the carry trade — dragging risk assets lower.
• Global capital rebalances toward safe havens.
• Crypto becomes correlated with macro volatility, not just BTC dominance.
That’s why we saw:
👉 BTC chop below key levels
👉 ETH struggling for directional strength
👉 BNB & XRP reacting to macro crosswinds
When major economies (like Japan) shift policy or currency dynamics, it often ripples across all markets — including crypto.
This is a reminder:
Crypto isn’t decoupled from macro trends.
It’s highly sensitive to global flows and FX sentiment.
So here’s the unfiltered question:
Is bitcoin still “digital gold”…
or a beta play tied to macro stress?