‚With the Bank of Japan (BOJ) expected to hike rates next week, some observers are worried that the Japanese yen could surge, triggering an unwinding of "carry trades," crushing bitcoin.‘
https://www.coindesk.com/markets/2025/12/07/bitcoin-faces-japan-rate-hike-yen-carry-trade-unwind-fears-miss-the-mark-real-risk-lie-elsewhere