Analyst warns yen repricing could force bitcoin selling via carry-trade unwind
- —Waldrop: bitcoin may be the first asset sold if the yen reprices sharply
- —Risk stems from funds using yen-denominated debt to fund leveraged bets
- —The warning comes ahead of both Fed and BOJ rate decisions
- —On Metaplanet, he flags BTC per share and capital access as key metrics
Why it matters: Back-to-back Fed and BOJ decisions could trigger a yen rally and a carry-trade unwind, pressuring bitcoin.
Source: Digital Today