TechFlow reported on January 21 that QCP's daily bulletin indicated Japan's 10-year government bond yield surged to its highest level since 1999 (around 2.29%), sparking concerns over the sustainability of Japan's government debt. Meanwhile, the U.S. imposed a 10% tariff on eight European countries opposing American control of Greenland, prompting swift retaliatory measures from Europe and escalating trade tensions between the two sides. Against this backdrop, Bitcoin failed to hold above the $97,000 level and is now trading below $90,000, behaving as a high-risk-sensitive asset rather than a safe-haven. Markets are watching policy developments closely, with capital preservation becoming the primary focus.
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