1 godz. temu
Yen carry unwind risk: Graham Stephan's Dec. 15 take on Bitcoin; BTC $87,082
In a Dec. 15 post, YouTuber Graham Stephan argued that an unwind of the yen carry trade could drain liquidity and pressure risk assets, including Bitcoin. He outlined the trade's mechanics—borrowing near 0% in Japan and buying 4-5% U.S. yields—and claimed the Fed has cut rates for the third time this year and ended QT. BTC was $87,082 at press time.