Bitcoin Faces Japan Rate Hike: Debunking The Yen Carry Trade Unwind Alarms, Real Risk Elsewhere

Speculators maintain net bullish positions in the yen, limiting scope for sudden JPY strength and mass carry unwind.Impending BOJ rate hike largely priced in; Japanese bond yields near multi-decade highs.

Speculators maintain net bullish positions in the yen, limiting scope for sudden yen strength.

BOJ tightening may contribute to sustained upward pressure on global yields, impacting risk sentiment.

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