Jonathan Wu Explains the Crypto Crash: The Impact of Japan’s Tightening Monetary Policy
cryptonews.net
BOJ raised interest rates Jonathan Wu, an investor at Asylum Ventures, posted on the social media platform a thread on the cryptocurrency market’s ongoing crash. addressing the fundamentals of carry trading, a strategy where investors borrow money at low-interest rates in one currency to invest in h
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- BOJ raised interest rates
- Jonathan Wu, an investor at Asylum Ventures,
- posted on the social media platform a thread on the cryptocurrency market’s ongoing crash.
- addressing the fundamentals of carry trading, a strategy where investors borrow money at low-interest rates in one currency to invest in higher-yielding assets in another.
- The primary goal is to capitalize on the differential between the low borrowing costs and the higher returns on the investments.
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