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Bitwise: Japan’s Bond Crisis Could Send Bitcoin (BTC) Soaring

Avatar photo Sonny S. Watts 5 days ago

Bitcoin’s recent all-time high of $112,000 may be less about geopolitics and more about Japan’s deepening bond crisis, according to Bitwise’s European Head of Research André Dragosch. The firm argues that rising yields on long-term Japanese bonds signal growing sovereign credit risks. This is prompting institutions to seek alternatives like Bitcoin, which operates independently of […]

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Sonny S. Watts is a Bitcoin miner and energy researcher, Sonny delves into the sustainability of Bitcoin mining, its energy consumption, and innovations in renewable-powered mining solutions.