Bitcoin’s Yen Tango: Will It Waltz to Glory or Trip on Its Own Feet? 💃💸

The Yen carry trade, once a faithful partner in Bitcoin’s ascent, has turned into a jilted lover, dragging the entire altcoin market into its melodrama. The Bank of Japan, ever the pragmatist, hiked interest rates to 0.75% in December, making Yen loans as appealing as a cold borscht on a winter’s night. Investors, ever risk-averse, fled crypto like peasants fleeing a cholera outbreak. 🏃💨

