January 27 News, Arthur Hayes stated that if the Federal Reserve steps in to support the weak Japanese government bond market, Bitcoin could break free from its long-term sideways trading. Hayes proposed that the Fed might intervene by printing money to stabilize the yen and Japanese government bonds, which could potentially provide new upward momentum for Bitcoin.
Japan is facing dual pressures: yen depreciation alongside rising government bond yields, indicating a loss of market confidence. Hayes pointed out that this situation might force the Bank of Japan or the Federal Reserve to intervene, and the US could also be affected, as Japanese investors might sell US Treasuries to buy higher-yielding Japanese government bonds.
Hayes explained that the Fed might collaborate with banks like JPMorgan to establish dollar reserves, then sell dollars to buy yen, and use the yen to purchase Japanese government bonds, thereby lowering yields. This operation would expand the Fed’s foreign currency-denominated assets and liabilities, creating potential liquidity that could indirectly benefit the Bitcoin market. Hayes emphasized that he would not increase risk exposure until central bank intervention is confirmed.
Meanwhile, the US dollar index fell to 95.6 on Tuesday, the lowest since January 2022. Despite the dollar declining about 10% over the past year, Trump insisted during a speech in Iowa that the dollar is “performing strongly,” criticizing the long-term depreciation of the yen and the renminbi for affecting international competitiveness. Hayes believes that the volatility of the dollar relative to the yen and Japanese bond markets is closely linked, and Bitcoin’s price trend may adjust accordingly.
Analysts point out that if the Fed prints money to intervene in the Japanese market, it could not only push up the yen but also create new market capital flows into Bitcoin, injecting vitality into its long-term sideways trend. Monitoring changes in the Fed’s H.4.1 balance sheet will be a key indicator for assessing potential market stimulation.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
In the past 24 hours, the total liquidation amount across the entire network reached $314 million, with nearly 60% of the liquidations coming from long positions.
Gate News reports that on March 9, according to CoinAnk data, the total liquidation across the entire network in the past 24 hours was $314 million, with long positions liquidated at $188 million and short positions at $127 million. By individual cryptocurrency, Bitcoin liquidation was approximately $112 million, and Ethereum liquidation was about $50.51 million. Notably, the on-chain synthetic oil asset XYZ:CL ranked third in liquidation amount, approximately $55.36 million.
GateNews17m ago
Crypto Expert Predicts the Bitcoin Price and Warns of a Possible Drop Toward $44K
The Bitcoin price has been moving through a volatile stretch lately. BTC climbed above the $73,000 mark last week before pulling back again, and it’s now trading around the $67,000 range. Moves like this have kept traders debating whether the market is stabilizing or simply pausing before the n
CaptainAltcoin23m ago
BTC Breaks Through 68,000 USDT
Gate News bot message, Gate market display, BTC breaks through 68,000 USDT, current price 68,018.9 USDT.
CryptoRadar32m ago
Today's Cryptocurrency News (March 9) | Strategy aims to raise $300 million; Bitcoin rebounds and breaks through $67,000
This article summarizes cryptocurrency news as of March 9, 2026, focusing on the latest Bitcoin updates, Ethereum upgrades, Dogecoin trends, real-time cryptocurrency prices, and price forecasts. Major Web3 events today include:
1. The Flow Foundation seeks a court injunction to prevent Korean exchanges from delisting FLOW tokens;
2. The probability of a US recession has surged to 40%, with rising oil prices and escalating geopolitical tensions increasing risks;
3. North Korea has stolen $2.8 billion in crypto assets over the past two years, and the US Treasury Department plans to strengthen regulation of stablecoins.
GateNews44m ago
Starcloud Targets Bitcoin Mining in Orbit With New Satellite
Starcloud plans to mine Bitcoin from space using a second spacecraft, aiming to utilize solar energy and the cold environment of low Earth orbit. This initiative could revolutionize energy-intensive computing and address cooling and energy costs for mining operations.
TodayqNews54m ago
New Crypto Buyers Enter the Market: Kazakhstan Plans to Invest Up to $350 Million
The Central Bank of Kazakhstan plans to invest up to $350 million in crypto assets, with investments starting from April to May, accounting for only 0.5% of reserves. At the same time, crypto assets seized by law enforcement will also be included in the national crypto fund, demonstrating the country's further recognition and cautious attitude towards cryptocurrencies.
PANews1h ago
