đ„ YEN RALLIES, MARKETS RESPOND â AND CRYPTO MADE NOISE
Japanâs yen has strengthened after recent political and fiscal signals â reversing some of the weakness weâve seen for months.
Hereâs why that matters beyond FX:
âą A stronger yen reduces the carry trade â dragging risk assets lower.
âą Global capital rebalances toward safe havens.
âą Crypto becomes correlated with macro volatility, not just BTC dominance.
Thatâs why we saw:
đ BTC chop below key levels
đ ETH struggling for directional strength
đ BNB & XRP reacting to macro crosswinds
When major economies (like Japan) shift policy or currency dynamics, it often ripples across all markets â including crypto.
This is a reminder:
Crypto isnât decoupled from macro trends.
Itâs highly sensitive to global flows and FX sentiment.
So hereâs the unfiltered question:
Is bitcoin still âdigital goldââŠ
or a beta play tied to macro stress?