The correlation between Bitcoin and the Japanese Yen (JPY) has surged to unprecedented levels, according to reports. The 90-day correlation between the two assets has reached a record high, exceeding 0.85. This development indicates a potentially strengthening relationship between Bitcoin and the JPY, a trend that may have implications for traders and investors monitoring both markets. Further analysis will be needed to determine the underlying factors driving this increased correlation.

The correlation between Bitcoin and the Japanese Yen (JPY) has surged to unprecedented levels, according to reports. The 90-day correlation between the two assets has reached a record high, exceeding 0.85. This development indicates a potentially strengthening relationship between Bitcoin and the JPY, a trend that may have implications for traders and investors monitoring both markets. Further analysis will be needed to determine the underlying factors driving this increased correlation.