NIKKEI

This event reflects a global tug-of-war between tech optimism and monetary tightening fears. Rising Japanese bond yields and a firmer yen can force unwinding of yen-funded carry trades, which historically reduces liquidity in risk assets like crypto. Meanwhile, US tech strength often correlates with crypto sentiment, creating a mixed signal for digital assets.

Nikkei 225

Topix

Japan's Nikkei 225 climbed as tech stocks followed US peers higher, but gains on the broader Topix were smaller due to concerns about the yen and bond yields.