Bitcoin Price LIVE: JGB Sell-Off Puts $81,178 in Focus as BTC Breaks $84,304 Equilibrium - Bitget
Bitcoin Price LIVE: JGB Sell-Off Puts $81,178 in Focus as BTC Breaks $84,304 Equilibrium - Bitget
Source: Bitget
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DW NOTE
The JGB market is cracking under the weight of its own arithmetic. The BOJ holds over 50% of the JGB market after fifteen years of yield curve control — when your largest holder stops buying, there is no natural bid beneath. Bitcoin reads this as Japan exiting financial repression, which makes dollar-denominated reserve assets more expensive to hold. That's the $81k level: not resistance, but the price where yen weakness translates directly into BTC demand from capital trying to leave a collapsing bond market.