Bitcoin’s correlation with USD/JPY reaches 2022 high; Polymarket predicts 62% chance of $58K downside. BTC/USD link hits -0.90, most negative since late 2022.
Unusual Whales
This week, a recent report revealed that the 52-week correlation between BTC/USD and USD/JPY has reached -0.90, marking the most negative correlation since late 2022.
