PANews January 20 News, according to CoinDesk reports, panic in the Japanese government bond market has spread to the cryptocurrency market. On Tuesday, the 30-year Japanese government bond yield surged over 30 basis points to 3.91%, hitting a 27-year high and triggering a sell-off in global risk assets.
Saxo Bank’s head of commodity strategy pointed out that Japan has long been one of the most reliable sources of liquidity globally. The continued surge in its bond yields indicates that this support is waning, which will lead to a tightening of global liquidity. This change, combined with factors such as Trump’s tariff threats, has intensified market risk aversion. As a result, Bitcoin’s price fell below $91,000, while gold and silver continued to hit record highs. Analysts believe that the Bank of Japan has limited policy options; whether attempting to suppress yields or tighten monetary policy, it could further exacerbate global liquidity tensions. Market concerns are that the continued rise in yields may eventually trigger a “break” in the financial system.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
