PANews reported on May 30 that according to Matrixport analysis, Bitcoin has recently soared to $112,000, becoming one of the key drivers of the global market's revaluation of bond yields and the US dollar exchange rate. Although many Asian countries deny intervening in exchange rates, the continued appreciation of Asian currencies has put pressure on the regional economy. The rise of Bitcoin was initially believed to be related to the US tariff policy, but is currently driven more by macroeconomic concerns in Asia.

Analysts pointed out that the resumption of corporate buybacks in the United States and the expansion of Coinbase premiums show that American investors are increasingly bullish. Although MicroStrategy purchased $4 billion worth of Bitcoin this month, the market believes that the real driving force may come from a hidden and powerful new buyer. The trend of the Bank of Japan lowering its economic expectations and funds flowing into the Bitcoin market is also worth noting.

In addition, the market value of Metaplanet, a Japanese cryptocurrency "shadow stock", has risen sharply, but its valuation is inflated and the investment risk is high. Analysts believe that the main increase in Bitcoin is concentrated in the Asian trading session. Investors are advised to lock in profits at the current high level. If Bitcoin fails to stabilize above $106,000, investors are advised to gradually reduce their long positions to control potential callback risks.