The cryptocurrency market is starting to calm down after yesterday's shock. Bitcoin is now at 71.72K, Ethereum at 2.22K, and XRP remains steady at 1.33. Everything is stable after sharp fluctuations earlier this week.

It turns out the main trigger was Japanese bonds. Today's bond prices show a significant recovery, especially for long-term bonds that had previously surged dramatically. When Japanese bond yields fall, pressure on the global market decreases, including crypto. This is important because Japan is a center of global capital flows.

The simple reason: when bond yields are high, investors shift to safer, interest-bearing assets. But now that Japanese bonds are starting to recover, there's no longer a need to withdraw liquidity from speculative assets like crypto. As a result, Solana, Cardano, and other altcoins are also stabilizing.

However, caution is still advised. The crypto market remains highly sensitive to bond price movements. If bond yields suddenly rise again, it could quickly push Bitcoin and other digital assets down. So, keep monitoring global bond developments, not just coin prices.