The main theses are:
1.) Japanese banks were in financial distress due to their investments in US bonds.
2.) Changes in monetary policy (MPC) led to significant losses due to interest rate differentials.
3.) To avoid the negative effects of bond sales in the open market, Japan’s central bank will use the repurchase mechanism with the Fed.
4.) Due to these factors, the liquidity of the dollar will increase, and this may contribute to growth in the cryptocurrency market.
