‘Yen Carry Trade’ Blamed for Global Market Rout, Jump Crypto’s ETH Sale Worsens Ether Plunge

1 month ago
'Yen Carry Trade' Blamed for Global Market Rout, Jump Crypto's ETH Sale Worsens Ether PlungeThe narrowing Japanese “yen transportation trade” has been blamed for the Aug. 5 planetary marketplace downturn that sent banal markets and apical cryptocurrencies similar bitcoin and ethereum plunging by double-digit figures. Some experts mention the disappointing U.S. jobs information and Mt Gox-related selling arsenic factors contributing to the decline. Nikkei Posts Worst Single-Day Loss In […]
View source