Panic in the Japanese bond market has affected cryptocurrencies significantly, especially Bitcoin, which fell below 91,000 USD. The bond yields reached a 27-year high, indicating tightening global liquidity. Analysts express concerns about a potential financial system rupture due to rising yields.
As the cryptocurrency market faces these challenges, gold and silver prices are surging to all-time highs. The market’s volatility amidst this situation raises alarms regarding the Bank of Japan’s limited options and the possibility of exacerbating global liquidity tensions.
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