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Will Bitcoin and Altcoins Crash As Japan’s Yen Carry Trade Unwind Fears Peak?

The article highlights how Bitcoin and altcoin investors are closely monitoring the Japanese market, as core consumer inflation in the country has reached 3.2% in January. This could potentially lead to the central bank announcing rate hikes in the near future. The article also notes that this situation could result in the unwinding of the yen carry trade, similar to what happened in August 2024, which caused a significant crash in the cryptocurrency market.

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