According to The Kobeissi Letter, the Bank of Japan reported record unrealized losses of $198 billion from government bonds in Fiscal Year 2024, a threefold increase from the prior year's $66 billion. This surge in losses coincides with Japan's 10-year yield doubling to approximately 1.5% by March 2025. The sharp rise in yields reflects tightening monetary conditions and has heightened concerns about global liquidity, directly influencing risk appetite in the cryptocurrency market and fueling increased volatility in Bitcoin and altcoins as investors reassess safe-haven strategies (Source: The Kobeissi Letter, June 1, 2025).

According to Crypto Rover, Bitcoin's price action is closely tracking global liquidity metrics, as shown in the chart shared on May 31, 2025 (source: @rovercrc on Twitter). This correlation highlights the importance of monitoring macro liquidity conditions for crypto traders, as increased global liquidity has historically led to bullish momentum in Bitcoin and the broader crypto market. Traders are advised to watch central bank liquidity injections and global monetary policy shifts for early signals of potential Bitcoin price movement.

According to Crypto Rover (@rovercrc), Bitcoin's current price action is closely tracking global liquidity flows, indicating that the market is experiencing a final shakeout phase before an anticipated major breakout. This analysis is supported by recent liquidity data and technical indicators suggesting significant volatility ahead, which is critical information for traders seeking to time entry and exit points in the crypto market (source: Twitter, Crypto Rover, May 16, 2025).