Source: Cointelegraph/TradingView“A fresh wave of volatility is gripping Japanese fixed income markets as 30-year Japanese Government Bond (JGB) yields surge past 3%, breaching historic levels and unsettling global investors,” trading firm QCP Capital commented on the issue in its latest bulletin to Telegram channel subscribers.“Japan’s ballooning debt situation has long been a simmering concern, but it is now reaching a boiling point.”On Bitcoin, QCP suggested that recent gains had been fueled by corporate accumulation, while breaking all-time highs could reawaken retail interest.“Price action appears closely tied to treasury accumulation by Strategy and Metaplanet, who remain the headline buyers at current levels.
Source: Aksel Kibar/X“Despite relentless macro headwinds including surging bond yields, tariff escalations and mounting stagflation risks in the US for Q3 and Q4, BTC has demonstrated remarkable resilience over the past month,” QCP concluded. “That said, a breakout to new highs could ignite a fresh wave of FOMO, dragging in sidelined retail capital and pushing prices even higher.”This article does not contain investment advice or recommendations.
There is growing concern that these entities may represent the last of the marginal bid, particularly with BTC hovering near ATHs,” it continued. “A slowdown in their buying could trigger profit-taking from other market participants and potentially reverse the prevailing uptrend.”BTC price trend strength flashes warningElsewhere, concerns over trend strength came from the BTC/USD chart itself.
or
Share This Story
Article Details
Author / Journalist: Cointelegraph by William Suberg
The story "Bitcoin bulls grill sellers as Japan debt woes send gold past $3.3K" has 582 words across 18 sentences, which will take approximately 3 - 5 minutes for the average person to read.
Which news outlet covered this story?
The story "Bitcoin bulls grill sellers as Japan debt woes send gold past $3.3K" was covered 14 hours ago by Coin Telegraph, a news publisher based in United States.
How trustworthy is 'Coin Telegraph' news outlet?
Coin Telegraph is a fully independent (privately-owned) news outlet established in 2013 that covers mostly crypto news.
The outlet is headquartered in United States and publishes an average of 37 news stories per day.
It's most recent story was published 7 hours ago.
What do people currently think of this news story?
The sentiment for this story is currently Negative, indicating that people regard this as "bad news".
How do I report this news for inaccuracy?
You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
