Japan’s 10-Year Bond Yield Hits 26-Year High: Short-Term Pressure on XRP Amid Global Liquidity Shift

■ Japan’s Bond Yield Surge:

Japan’s 10-year government bond yield hit a 26-year high (2.1%) after the Bank of Japan raised rates to 0.75%, the highest since 1995. This signals tighter monetary conditions and a major shift from Japan’s long period of very low rates.

■ Global Market Implications:

Higher rates in Japan often reduce global liquidity because investors unwind yen carry trades (borrowing cheap yen to invest elsewhere). When these unwind, volatility increases across markets, including crypto.

■ Short-Term XRP Pressure:

XRP is currently near $1.92, struggling to pass the $1.94 resistance.

On-chain data shows nearly half of XRP holders are at a loss, which historically can trigger more selling pressure.

Whales control ~87.6% of XRP, so any selling by large holders could heavily impact price.

Possible short-term downside: $1.85 if bearish momentum continues.

■ Recovery Potential:

Breaking $1.94 and moving past $2.00 could reverse the short-term downtrend.

This would improve holder profitability, attract new buyers, and potentially kickstart a broader recovery.

■ Key Takeaway:

XRP faces short-term bearish pressure due to Japan’s rate hike and global liquidity shifts, but a strong breakout above $2 could restore optimism for holders.