Japanese government bonds are getting hammered as rate hike bets heat up again. The 2-year JGB yield just punched through 1% — first time we've seen that level since 2008. Nikkei's taking a beating too.

And here's the kicker: Bitcoin decided to join the party. Down 4% during Asian hours. Classic move — risk-off sentiment spreads like wildfire, and crypto assets get dragged down with everything else that's bleeding red.

When macro winds shift this hard, correlation becomes the name of the game. Doesn't matter if you're trading bonds, stocks, or digital assets — they're all dancing to the same tune right now.

BTC1.34%

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TokenAlchemist

· 22h ago

ngl the correlation matrices are just screaming inefficiency vectors rn... jpy carry unwind cascading through everything, classic liquidation surface behavior. not even mad about the 4% dump tbh, this is where real alpha lives 🔍

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SmartContractPhobia

· 23h ago

Here it comes again, a wave of pullback, the crypto world is going down with it, it's ridiculous. When Japanese bonds rise, BTC starts to bleed, why does it feel like anything can drag us down? A 4% pullback is already considered light, I was numb yesterday. As soon as the macro changes, all encryption suffers, it's tough, brothers. That's why I don't trust any independent assets at all, it's all damn correlation. I'm really fed up, why is making money so hard?

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FlashLoanLarry

· 23h ago

Here we go again, as soon as there's a macro fluctuation, everyone looks to see who can run the fastest... a 4% move in Bitcoin is nothing, the key is that this wave of correlation is a bit intense. As soon as the expectation of interest rate hikes in Japan came out, the entire market went into chaos, bonds, stocks, and the crypto world were all dancing to the same frequency, the correlation is absurdly strong. It's the first time since 2008, to be honest, it's getting a bit tough to hold on, I feel like this time it's really going to stir up the big characters above. When risk aversion kicks in, no one can escape, all that talk about diversified investment is nonsense, in the end, everyone just plunges down together. If you can't grasp this rhythm, you might really end up Rekt. Are you still holding on stubbornly?

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CountdownToBroke

· 23h ago

Haha, Japan has also started raising interest rates, this is getting interesting, the whole world has to dance along. Here we go again, as long as the macro environment changes, BTC will get hit. What independent assets, it's all a lie. The countdown to bankruptcy is really about to start, all Holdings are in the green. This correlation is really ridiculous; it feels like nobody can escape as soon as the risk sentiment turns. Dropped another 4%? I'm calm, I'm used to seeing the fall.

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