---
title: "How the Bank of Japan wrecked the yen carry trade — and crypto markets"
url: https://diffcoin.com/how-the-bank-of-japan-wrecked-the-yen-carry-trade-and-crypto-markets/
description: "Why did the crypto market lose 15% of its value in one weekend? Thank the Bank of Japan for playing a starring role. Source link"
published: 2024-08-06
updated: 2024-08-06
author: "Mila"
site: "Diffcoin"
---

# How the Bank of Japan wrecked the yen carry trade — and crypto markets

Why did the crypto market lose 15% of its value in one weekend? Thank the Bank of Japan for playing a starring role.

[Source link](https://cointelegraph.com/news/how-the-yen-carry-trade-wiped-out-crypto?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)