2025-12-29 08:30:36

#数字资产市场动态 Japan issues a record 29.6 trillion yen in bonds in one day, setting a new historical high 💥

Recent data shows that the Japanese government’s new bond issuance has broken records. The single-day issuance of 29.6 trillion yen is equivalent to an annual investment of nearly 1 billion RMB. This is not just routine fiscal stimulus but a redefinition of market expectations.

🌪️ The most bizarre part: the central bank and government are singing off-key

· The central bank is tightening: interest rate hikes continue, attempting to curb inflation pressures
· The government is injecting liquidity: record-breaking bond issuance continuously supplies liquidity to the market

This extreme combination of "tightening and easing" is indeed rare. How will the yen exchange rate move? How will market liquidity evolve? No one can give a definitive answer. But one thing is clear: such a massive influx of new funds will not disappear into thin air; it will inevitably flow somewhere.

💡 Traditional finance is sick, and alternative assets are becoming an outlet

When a country's sovereign credit is pushed to the limit, and "deficit + money printing" becomes the norm, market participants will make rational choices. They will seek assets that do not rely on debt expansion, have global consensus, and have limited supply.

From this perspective, Japan’s recent fiscal expansion may create a new capital flow channel for global risk assets—including the cryptocurrency market. Especially for assets like $BTC and $ETH, which have scarcity properties, the potential long-term purchasing power may be gathering.

👇 What do you think?
A. Positive outlook: liquidity surge will accelerate capital inflow into the crypto market
B. Risks intensify: global financial turmoil will eventually impact crypto assets
C. Independent operation: the crypto market has formed its own logic, with limited macro influence

Choose one and leave your judgment in the comments.

BTC-0.44%

ETH-0.74%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

11 Likes

Reward
11
5
Repost
Share

Comment

0/400

GasFeeBeggar

· 6h ago

Choose C. To be honest, I've heard too many of these macro narratives, and every time they say this time is different, but in the end, it's still about on-chain data speaking.

View OriginalReply0

MetaNomad

· 6h ago

Japan's recent moves are indeed outrageous, with the central bank tightening while the government continues to pump liquidity. This contradictory combination will inevitably lead to a blowup. Choose A, but don't be too optimistic; historically, such large-scale liquidity injections always lead to inflation taking off first. This time, liquidity might really find an exit, and BTC looks a bit attractive. The Japanese government is playing with fire, printing money to the limit, and traditional assets have long since decayed. Don't be fooled by the surface positives; the real situation is that the financial system is trying to save itself, and crypto is the last straw for drowning. It seems that global central banks have all learned a new set of tactics—flood the market first, then see what happens. The path of monetizing deficits is becoming more and more obvious, and those who haven't jumped on BTC really need to start thinking.

View OriginalReply0

LazyDevMiner

· 6h ago

Choose A, but bro, that's a bit naive. Will the Bank of Japan's money flow into BTC? First, you have to get past the Federal Reserve, they’re not daring to move right now.

View OriginalReply0

AlwaysAnon

· 6h ago

Choose B, but to be honest, the whole situation is already pretty crazy now --- When I saw the numbers from Japan, I knew something was going to happen. Hitting a new all-time high is usually not a good sign --- It's the same old story: central bank raises interest rates while the government pumps liquidity. I've seen this play out several times, and it never ends well --- When BTC and ETH are rising, everyone talks about scarcity; when they fall, they blame macro shocks. This logic is a bit one-sided --- Money will flow into crypto, no doubt, but the premise is that this cycle won't collapse. If the financial system crashes, everything will have to go down with it --- I won't even comment on Japan's debt; the main issue is when the money coming in will go out --- I trust both A and B only halfway. The crypto market now is like a casino—when liquidity comes, prices go up; when risk appears, everything crashes

View OriginalReply0

SilentObserver

· 6h ago

Choose A, but to be honest, this wave is a bit uncertain... The Japanese government's move is indeed bold, but the problem is that the central bank is still desperately raising interest rates, which is contradictory. But you're right, money always needs a place to go, and BTC is that "safe haven." Traditional finance is getting more and more complicated, so we'll just hold onto our coins steadily.

View OriginalReply0