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Digital Asset Prices Hit New Lows Amid Yen Carry Trade Fears | Flash News Detail | Blockchain.News
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8/7/2024 2:30:42 PM

Digital Asset Prices Hit New Lows Amid Yen Carry Trade Fears

Digital Asset Prices Hit New Lows Amid Yen Carry Trade Fears

According to @CCData_io, their latest Exchange Review reveals that on August 5th, digital asset prices reached new lows due to concerns over the Japanese Yen carry trade and broader macroeconomic uncertainty. Bitcoin ($BTC) experienced a significant intraday drawdown of 15.4%, dropping to $49,202, the sharpest decline since the FTX collapse. Ethereum ($ETH) also saw a substantial drop of 21.1%, falling to $2,121.

Source

CCData

@CCData_io

CCData provides top-tier data and index solutions, research and events to support the adoption of digital assets.