CoinScoopArthur Hayes: EUR/JPY volatility acts as crypto smoke alarm, but Fed data shows no immediate crisis
Arthur Hayes identified the recent 2.38% decline in the EUR/JPY pair as a potential warning sign for the cryptocurrency market. However, he noted that key indicators of Federal Reserve liquidity, such as FIMA repo facility usage and scheduled reserve management purchases, remain at zero, suggesting that the broader financial plumbing is not yet showing signs of distress.
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