Bitcoin faces liquidity challenges at peak levels as the Japanese debt crisis may create a domino effect

QCP Capital warns that the Japanese debt crisis is spreading as 30-year bond yields exceed 3%, the highest ever recorded.

Japan's public debt has reached 234% of GDP, raising concerns among investors about the government's financial stability. If the wave of bond sell-offs continues, the Yen could appreciate significantly in the short term due to capital flowing back to Japan.

At the same time, U.S. 30-year bond yields have also surpassed 5%, raising concerns that the U.S. government's large spending plans may be delayed.

In this context, the market is worried that if buying pressure from institutions decreases, profit-taking pressure will increase.

If it surpasses the previous peak, Bitcoin could trigger a new wave of FOMO from retail investors. Currently, the volatility in the Japanese bond market is worth watching as it could impact the entire global financial market.