#BTC

Hello everyone, friends!

💥 Japanese bonds put the markets on pause — what does it mean for crypto?

Today, an important news came out: 30-year Japanese government bonds showed a yield of 3.42% — a record in history. The market reacted instantly: BTC and ETH dropped from 2994 to 2945, but quickly recovered.

Japan has been the main source of cheap money for the world. Investors borrowed yen almost for free and bought everything that offers more yield — from American bonds to crypto.

Now this scheme is collapsing. Cheap financing is becoming more expensive, margin positions are getting costlier, and support for risky assets is weakening.

For crypto, this is a signal:

• today's sell-off is just the first movement;

• while the growth has recovered, there hasn't been a full correction yet;

• this means that a real market test might pause the growth in the coming days.

Conclusion: the market is sensitive to global liquidity and movements in Japan. On Monday, we will watch how events unfold and how key levels of BTC/ETH react.

And from there, we will consider thoughts for the week.

DYOR