Episode Details
Back to Episodes
Japan’s Bonds Threaten Bitcoin’s Rally | Bitcoin and Crypto News
Published 1 week ago
Description
Bitcoin’s rally to $64K, fueled by hopes of Fed rate cuts and softer U.S. data, may be cooling as Japanese 10-year bond yields surge to 30-year highs—pushing global yields up and making Bitcoin’s zero-yield appeal less attractive. While this could dampen crypto’s momentum, big players like Goldman Sachs still see value in yen-funded trades, betting on yen weakness.
Listen in comfort:
Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn.
Advertise on DNN:
advertise@thednn.ai
This is an automated, high-level news summary based on public reporting.
Report issues to feedback@thednn.ai.
View sources & latest updates:
https://sources.thednn.ai/6a1326cc3dce2eb0