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On July 12, several notable moments in the history of News stand out. In 1394, Ashikaga Yoshinori, Japanese shōgun (died 1441) was born. In 1441, Ashikaga Yoshinori, Japanese shōgun (born 1394) passed away. In 1879, Han Yong-un, Korean poet (died 1944) was born. In 1918, The Imperial Japanese Navy battleship Kawachi blows up at Shunan, western Honshu, Japan, killing at least 621. In 1935, Satoshi Ōmura, Japanese biochemist and academic, Nobel Prize laureate was born. In 1966, D. T. Suzuki, Japanese philosopher and author (born 1870) passed away. In 1966, Taiji, Japanese bass player and songwriter (died 2011) was born. In 1979, Maya Kobayashi, Japanese journalist was born. In 1995, Chinese seismologists successfully predict the 1995 Myanmar-China earthquake, reducing the number of casualties to 11. In 2013, Takako Takahashi, Japanese author (born 1932) passed away. Together, these milestones provide historical context for today's news news and ongoing narratives.
Bitcoin's correlation with dollar-yen rate hits -0.90, undercutting 'carry trade' theory

Narrative Intelligence Brief
This article was published by CoinDesk, a source frequently categorized with a center bias based in United States of America. Our narrative intelligence engine continuously monitors coverage from this outlet to track framing, bias, and rhetorical patterns. Our initial algorithmic scan of this specific piece did not flag high-confidence rhetorical techniques, suggesting a generally straightforward reporting style or neutral framing. By understanding the editorial perspective of CoinDesk, readers can better contextualize the information presented and compare it across our broader media matrix to find the real narrative.
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Analysis Methodology
This narrative analysis was generated using the CoDataLab Global Intelligence Engine. Our proprietary AI scans thousands of cross-border sources to identify sentiment patterns, framing techniques, and potential media bias. While AI provides the data-driven foundation, our objective is to empower readers with additional context beyond the standard headline.The content displayed above is a structured summary designed for rapid information processing. For the full original report, please visit the source outlet.More Coverage
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How other outlets are covering this story
Compare narratives across 6 related reports from 6 sources. Real Narrative News aggregates the coverage spectrum so you can see who emphasises what — bias tags reflect the outlet, not the story.
Coverage bias distribution
6 sources
Left 33%
Center 50%
Right 17%
NewsBTC
· Jun 30, 2026
Bitcoin’s USD/JPY Correlation Flips The Carry Trade Story On Its Head
Bitcoin’s USD/JPY Correlation Flips The Carry Trade Story On Its Head: what the validated data shows, why it matters for crypto markets, and the caveat.
South China Morning Post
· Jul 9, 2026
Investors have more to worry about than yen bears on the hunt
Why are global investors so bearish on the yen? There are good reasons Japan’s currency should be gaining in value. Last month, the Bank of Japan (BOJ) raised interest rates to a 31-year high of 1 per cent and signalled it would continue increasing borrowing costs. Bond markets are currently pricing in a nearly 90 per cent probability of another increase by December. Nominal wages in Japan have risen by more than 3 per cent for four straight months, the longest streak since 1992. Moreover, the...
Interaksyon
· Jun 25, 2026
Philippine peso leads Asian currencies lower, Malaysian ringgit up
The following table shows rates for Asian currencies against the dollar at 0205 GMT. CURRENCIES VS U.S. DOLLAR Currency Latest bid Previous day Pct Move Japan yen 161.710 161.77 +0.04 Sing dlr 1.297 1.2966 -0.02 Taiwan dlr 31.840 31.751 -0.28 Korean won 1548.700 1542.7 -0.39 Baht 33.410 33.41 -0.01 Peso 61.298 60.876 -0.69 Rupiah 17950.000 [] The post Philippine peso leads Asian currencies lower, Malaysian ringgit up appeared first on Interaksyon.
Bloomberg
· Jul 2, 2026
Yen's Sharp Gain Unlikely a Market Movement, Natixis Says
Alicia Garcia Herrero, chief APAC economist at Natixis, says that Japan may already have intervened in currency markets after the yen strengthened sharply against the dollar on Thursday. Nobody said so, but I would argue that that correction can't happen if everybody's reading your screens thinking that US data will be strong, Garcia Herrero tells Bloomberg Television. The abrupt move came as traders await US jobs figures later Thursday, which have the potential to move the dollar-yen currency pair. (Source: Bloomberg)
CoinDesk
· Jul 8, 2026
Live markets: Japan's collapsing yen is pushing companies into bitcoin and XRP
Live markets: Japan's collapsing yen is pushing companies into bitcoin and XRP
Seeking Alpha
· Jul 1, 2026
Yen Carry Trade Is Back; Where Will The Money Go?
Yen Carry Trade Is Back; Where Will The Money Go?
Topics:
Related coverage for "Bitcoin's correlation with dollar-yen rate hits -0.90, undercutting 'carry trade' theory": NewsBTC — Bitcoin’s USD/JPY Correlation Flips The Carry Trade Story On Its Head. South China Morning Post — Investors have more to worry about than yen bears on the hunt. Interaksyon — Philippine peso leads Asian currencies lower, Malaysian ringgit up. Bloomberg — Yen's Sharp Gain Unlikely a Market Movement, Natixis Says. CoinDesk — Live markets: Japan's collapsing yen is pushing companies into bitcoin and XRP. Seeking Alpha — Yen Carry Trade Is Back; Where Will The Money Go?