#Gate广场四月发帖挑战 Japan's 10-year government bond yield rose to 2.4% today, reaching the highest level since 1999. Meanwhile, the stock markets in Japan and South Korea, especially chip stocks, surged, and ongoing tensions between Iran and the U.S. pushed crude oil prices higher. In this complex macro environment, Bitcoin has once again demonstrated its hedging properties, moving in sync with gold and crude oil. As the yen arbitrage trading environment changes and global liquidity is re-priced, cryptocurrencies are gradually being viewed as one of the "safe havens" for risk.