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)