The upcoming Bank of Japan (BOJ) monetary policy meeting in June may serve as a catalyst for a Bitcoin rally, particularly if the BOJ restarts its quantitative easing (QE) efforts amid rising bond yield concerns. Arthur Hayes, co-founder of BitMEX, suggests that if the BOJ delays quantitative tightening (QT) and resumes selected QE at its June 16–17 meeting, risk assets like Bitcoin could soar. This comes in light of concerns around Japan's sovereign bond market, which are leading institutions to reconsider Bitcoin as a hedge against sovereign default risks. The anticipated fiscal challenges are pushing investors to view Bitcoin as a safer alternative due to its lack of counterparty risk. The context surrounding potential changes in the BOJ's bond purchasing strategy has rekindled interest in Bitcoin, which had previously reached an all-time high of $112,000 in May 2025, coinciding with increased yields on government bonds. The evolving situation indicates that investor sentiment may shift significantly in response to the BOJ's actions regarding fiscal policy and fiscal sustainability.

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