From Cointelegraph

May 26, 2025 09:37:00 AM:

Bitcoin hit a new all-time high of $112,000, then dropped to $109,700 amid speculation it serves as a hedge against TradFi instability. Japan’s 30-year bond yields reached 3.185% before falling to 3.115%, sparking concerns about fiscal sustainability and repayment risk. This volatility may drive institutional investors to view Bitcoin as a sovereign default risk hedge. US Bitcoin ETFs are close to breaking monthly inflow records, currently at $1.3 billion away from the $6.49 billion peak in November 2024.

Read more at Cointelegraph: Bitcoin all-time high rally catalyzed by Japanese bond market turbulence