🚨 Is the recent rise of Bitcoin related to the Japanese bond crisis?
While some linked the #Bitcoin breakthrough of $112,000 to geopolitical events (such as Trump's announcement of ceasefire talks between Russia and Ukraine), experts from Bitwise see a deeper reason in the Japanese bond market crisis.
According to André Dragosch, Head of European Research at Bitwise, the sharp rise in long-term Japanese bond yields reflects increasing concerns about Japan's sovereign debt, with 30-year bond yields reaching 3.185% — a historical high.
The most important point:
With Japan's debt-to-GDP ratio exceeding 250%, investors have started to view #BTC as a hedge against risks in the traditional financial system (TradFi), not just as a speculative asset.
Are we witnessing the beginning of a new phase where Bitcoin is the alternative safe haven to government bonds?
