Deep Tide TechFlow news: On July 10, QCP Capital released its latest report saying that Japan government bond yields have fallen, easing market concerns about the unwinding of Japanese yen carry trades and capital returning. This helped drive Bitcoin’s rebound to around $64k. Although Middle East geopolitical risk, a stronger US dollar, and the Federal Reserve’s more hawkish stance continue to weigh on risk assets, Bitcoin has shown some resilience in the $60k range. The report believes that future direction will still depend mainly on global liquidity conditions, US inflation data, and the outcome of the Bank of Japan’s end-of-month meeting.

BTC1.04%
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