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Top asset management team helps you profit without hassle
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New
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GUSD Minting
Use USDT/USDC to mint GUSD for treasury-level yields
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The unwinding of arbitrage trades during the yen appreciation phase is causing ripples in the Bitcoin market. As the yen rises in response to U.S. interest rate trends and concerns about coordinated intervention by monetary authorities increase, the structure of global arbitrage trading is changing.
According to NS3's analysis, in this scenario, leverage-based borrowing in yen and investment in high-yield assets face headwinds. As investors rush to unwind their positions, Bitcoin is experiencing significant selling pressure.
Short-term volatility is unavoidable, but in the medium to long term, monetary easing by the U.S. Federal Reserve could lead to a weaker dollar, and during this process, Bitcoin as a hard asset is expected to be re-evaluated. The adjustment phase of arbitrage trading could also present new opportunities for market participants.