The market sell-off swept the world, with United States indices down 3% and crypto market capitalization down 11% in the last 48 hours.
One factor contributing to the contraction of global markets is the Bank of Japan's (BoJ) interest rate hike and its impact on a popular investment strategy, the carry trade. A carry trade is when an investor borrows a currency with a low interest rate (such as the Japanese yen) and then reinvests the borrowed currency in a currency with a higher interest rate (such as the US dollar). For many years, investors borrowed yen at low interest rates (e.g., around 0.4%) and used the borrowed y...
The market sell-off swept the world, with United States indices down 3% and crypto market capitalization down 11% in the last 48 hours.
One factor contributing to the contraction of global markets is the Bank of Japan's (BoJ) interest rate hike and its impact on a popular investment strategy, the carry trade. A carry trade is when an investor borrows a currency with a low interest rate (such as the Japanese yen) and then reinvests the borrowed currency in a currency with a higher interest rate (such as the US dollar). For many years, investors borrowed yen at low interest rates (e.g., around 0.4%) and used the borrowed y...
btc
The clocks go back this weekend. Hoping they go back to 2010 so I can slap myself for ignoring Bitcoin.
btc
The clocks go back this weekend. Hoping they go back to 2010 so I can slap myself for ignoring Bitcoin.
