According to @KobeissiLetter, Japanese investors held a combined $2.22 trillion in US bonds and stocks at the end of 2024, based on Bank of Japan data, highlighting their outsized role in US asset demand, source: Bank of Japan data cited by @KobeissiLetter. The tweet adds that the next largest exposures are via the Cayman Islands and France at $834 billion and $179 billion respectively, with the UK also noted though the excerpted figure is not shown, source: Bank of Japan data cited by @KobeissiLetter. For traders, the scale of Japanese capital flows is a critical liquidity and pricing driver for US Treasuries and equities, making Bank of Japan policy signals and yen dynamics important catalysts to monitor, source: Bank of Japan data cited by @KobeissiLetter.

According to @CryptoMichNL, Bitcoin is holding a minor support zone while the Bank of Japan keeps policy unchanged and gold moves toward 5000 (source: @CryptoMichNL). According to @CryptoMichNL, losing 86.8K and failing to swiftly reclaim it could open a retest of prior lows (source: @CryptoMichNL). According to @CryptoMichNL, a clean break above 91K would likely trigger a strong upside surge (source: @CryptoMichNL).

According to Edward Dowd, the call from Treasury Secretary Bessent was heeded, source: Edward Dowd on X. Japan’s central bank kept its key policy rate at 0.75% as the country prepares for a snap election on Feb 8, source: CNBC International. The BOJ upgraded GDP forecasts to 0.9% for fiscal year 2025 and 1.0% for fiscal year 2026, source: CNBC International. Board member Hajime Takata proposed raising the policy rate to 1%, but the motion was defeated, source: CNBC International. The source report contained no cryptocurrency-specific guidance, source: CNBC International.

According to @KobeissiLetter, the Bank of Japan is offloading its balance sheet as its Japanese government bond holdings fell to about 48% of the outstanding total, the lowest in eight years, down seven percentage points from the 2022 peak, and monthly JGB purchases have been reduced from 5.7 trillion yen.

According to @CryptoMichNL, Bitcoin and gold are showing a strong inverse correlation, with Bitcoin getting a modest bump while Trump's speech leaves broader markets largely unmoved (source: @CryptoMichNL). He notes BTC must reclaim the 21-day and 50-day moving averages and is currently holding a crucial support zone (source: @CryptoMichNL). He adds that if a break of those moving averages coincides with Bank of Japan action, gold could drop sharply and BTC could move up by roughly 4-6% (source: @CryptoMichNL).

According to Michaël van de Poppe, BTC price action is stronger than expected while many traders remain sidelined ahead of the Bank of Japan decision (source: Michaël van de Poppe). According to Michaël van de Poppe, prior BOJ moves triggered outsized market reactions, but he expects a contrarian outcome this time rather than a repeat spike (source: Michaël van de Poppe). According to Michaël van de Poppe, a clean breakout above 88K would confirm bullish continuation for BTC and reignite upside momentum (source: Michaël van de Poppe). According to Michaël van de Poppe, the key trading level to watch is 88K as near-term resistance for a breakout trigger (source: Michaël van de Poppe).

According to @EricBalchunas, the most asked question at a live ETF panel was how to get into Merrill’s model, directed to Richard Tseng, who runs a $200 billion Merrill model portfolio described as the biggest ETF portfolio in the world after the Bank of Japan. Source: @EricBalchunas on X, Dec 11, 2025. According to @EricBalchunas, the panel also featured Riz Hussain from Schwab and Matt Orton from Raymond James. Source: @EricBalchunas on X, Dec 11, 2025. According to @EricBalchunas, the crowd’s focus on model inclusion highlights the distribution importance of Merrill’s model to ETF issuers seeking scalable access via model portfolios. Source: @EricBalchunas on X, Dec 11, 2025.

According to Cas Abbé, Japan's 10-year government bond yield has risen for five consecutive months, which he identifies as the biggest immediate risk to BTC and altcoins (source: Cas Abbé on X, Nov 20, 2025). He notes that before the April crypto market crash, the same yield climbed for six straight months, adding fuel to the selloff (source: Cas Abbé on X, Nov 20, 2025). He warns that a Bank of Japan intervention could arrive in 3–4 weeks, with markets likely to feel pain before any action materializes (source: Cas Abbé on X, Nov 20, 2025).

According to @business, a record of discussions from the Bank of Japan’s latest board meeting signaled the next interest rate increase could come as soon as December, matching many market participants’ expectations, source: Bloomberg. For traders, this flags elevated event risk into December for JPY crosses and Japanese rates, with expectations already leaning toward a potential hike as reported by @business, source: Bloomberg.

According to @rovercrc, Japan is considering new rules that would allow domestic banks to trade and hold Bitcoin BTC, which would represent a material regulatory shift if confirmed by authorities, source: @rovercrc on X. As of 2024, Japanese banks have been restricted from directly dealing in crypto assets under the Banking Act, while crypto-asset exchange services are regulated under the Payment Services Act with oversight by the Financial Services Agency JFSA, source: JFSA public guidance. Any confirmation would typically appear via JFSA rulemaking or related cabinet orders and Diet updates, so traders should wait for official JFSA or Bank of Japan notices before repositioning on BTC-JPY pairs, source: JFSA and Bank of Japan disclosure practices. For operational clues and timelines, monitor official JFSA releases and statements from major banks including MUFG, SMBC, and Mizuho regarding custody or trading frameworks, source: JFSA registries and MUFG investor relations materials.

According to @business, the Bank of Japan has outlined a century-long plan to gradually offload its massive ETF holdings, removing a persistent overhang that had threatened the Japanese equity market. Source: @business. For traders, the source indicates the immediate supply overhang is being neutralized, implying reduced near-term selling pressure from the central bank and improved market stability for Japan-listed equities and ETFs. Source: @business. The source does not specify any direct impact on cryptocurrencies. Source: @business.

According to @YujiKumagai, he will contribute to a Japan-focused Web3 book project alongside the Digital Agency Minister, the Financial Services Agency, and the Bank of Japan, covering Entertainment and non-financial Web3 challenges; source: @YujiKumagai on X, Aug 12, 2025. No publication timeline, regulatory proposals, or token policy details were disclosed in the announcement, indicating no immediate market catalyst from this update; source: @YujiKumagai on X, Aug 12, 2025.

According to The Kobeissi Letter, the Bank of Japan reduced its bond holdings by 6.2 trillion Yen in Q1 2025, marking the largest quarterly decline on record. Over the past five quarters, the BoJ's balance sheet has contracted by a total of 14.2 trillion Yen. This accelerated quantitative tightening signals tightening liquidity in Japanese and global markets, which historically impacts risk assets, including cryptocurrencies like BTC and ETH, by potentially reducing available capital flows and increasing volatility. Crypto traders should monitor further BoJ policy developments for possible effects on global asset correlations and capital movements. Source: The Kobeissi Letter (Twitter, June 18, 2025).

According to Mihir (@RhythmicAnalyst) on Twitter, the Bank of Japan currently holds 53% of all Japanese government bonds and 35% of stock ETFs, marking an unprecedented level of central bank intervention in financial markets. This concentration exposes the Japanese capital market to heightened risk, particularly as inflation rates have climbed rapidly in recent months. For traders, this signals potential volatility in Japanese equities and fixed income markets, with possible spillover effects on global risk appetite and cryptocurrency markets, especially Bitcoin and stablecoins often used as risk hedges. Source: Mihir (@RhythmicAnalyst), Twitter, May 30, 2025.

According to The Kobeissi Letter, the Bank of Japan currently holds 52% of all domestic government bonds, vastly outpacing holdings by life insurers (13.4%), banks (9.8%), and pension funds (8.9%). Bloomberg reports the Japanese government’s debt has reached $7.8 trillion. This unprecedented concentration of government bond ownership by a central bank signals ongoing aggressive monetary policy, raising concerns about yen stability and potential spillovers into the cryptocurrency market. Traders should monitor for increased volatility in JPY pairs and risk-on assets like Bitcoin, as shifts in Japanese monetary policy or bond yields could drive capital flows into crypto markets. Source: The Kobeissi Letter on Twitter, Bloomberg.

According to The Kobeissi Letter, the Bank of Japan now owns 52% of all domestic government bonds, significantly outpacing life insurers (13.4%), banks (9.8%), and pension funds (8.9%). Bloomberg reports that the Japanese government holds $7.8 trillion in debt. For crypto traders, this central bank dominance signals ongoing yen liquidity and potential devaluation risks, which may drive increased interest in Bitcoin and stablecoins as alternative stores of value and hedges against currency depreciation. Market participants should monitor BOJ policy shifts closely, as changes could trigger volatility in both traditional and crypto markets. (Source: The Kobeissi Letter, Bloomberg)

According to WallStreetBulls, the Bank of Japan has officially rejected Bitcoin, labeling it as a 'trash coin with zero utility'. This development could influence trading strategies, particularly for those invested in or considering investments in Bitcoin and other cryptocurrencies like XRP.

According to Greeks.live, the Bank of Japan's rate hike of 25 bps was anticipated, resulting in no significant market reaction. Bitcoin's implied volatilities (IVs) remain around 60%. The short-term volatility risk premium has decreased from +20% at the time of Trump's inauguration to -10% currently. This week saw a slight increase in actual market volatility, contrary to expectations, leading to a decline in short-term IV and a significant drop in the volatility risk premium. The market has lowered expectations for the remainder of the month, although some whales are accumulating short-term call options.

According to GreeksLive, this Thursday, the Federal Reserve, the Bank of England, and the Bank of Japan will sequentially announce their interest rate decisions. The market consensus anticipates a 25% interest rate cut by the Federal Reserve. Additionally, there is a 20% probability that the Bank of Japan will make a similar move this week. These announcements are crucial for traders as they may significantly impact cryptocurrency market dynamics.

According to GreeksLive, after a week of adjustment following the Bank of Japan's interest rate hike, the market has regained confidence due to recent dovish comments from the Bank of Japan. This week (August 12-18), traders should watch for key events that could impact Bitcoin investing.