🇯🇵📉 Japan’s bond market crisis may be behind Bitcoin’s new ATH of $112K, says Bitwise.

💰 Yields on 30-year Japanese bonds spiked to 3.185% — a record high — raising fears over Japan’s soaring debt (250% of GDP) and potential default.

As trust in traditional assets weakens, institutional investors are turning to Bitcoin as a hedge against sovereign risk.

BTC could hit $200K if ETF inflows and corporate accumulation continue