btc is down, boss.
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Laraine Nuner CwGW
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1 bad news regarding borrowing from low-interest places and lending it to higher-interest places or using it to buy risky assets for higher interest has been warned.
The usd/jpy pair is gradually increasing ==> the yen is rising, and the nikkei index is reaching a record (57,000)
It will usually have a short-term impact on $BTC when the yen increases.
Investors will sell $btc to realize profits in usd and sell usd to buy yen to pay debts.
In the short term, safe assets will benefit ($XAU )
The usd/jpy pair is gradually increasing ==> the yen is rising, and the nikkei index is reaching a record (57,000)
It will usually have a short-term impact on $BTC when the yen increases.
Investors will sell $btc to realize profits in usd and sell usd to buy yen to pay debts.
In the short term, safe assets will benefit ($XAU )
