What Does The Japanese Bond Gap Have To Do With The XRP Price Reaching $150?

Crypto pundit Remi has explained the impact that the Japanese Bond gap could have on the XRP price reaching $150. This came as he declared that the rising Japanese 10-bond yield is a good thing for...

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What Does The Japanese Bond Gap Have To Do With The XRP Price Reaching $150?

Source: NewsBTC

Crypto pundit Remi has explained the impact that the Japanese Bond gap could have on the XRP price reaching $150. This came as he declared that the rising Japanese 10-bond yield is a good thing for XRP holders but bad for the world. What The Rising Japanese Bond Yield Means For The XRP Price In an X post, Remi, alluding to the rising Japanese 10-year bond yield, stated that this was a good thing for XRP holders but bad for the globe. He explained that the rising yields will likely prompt the Bank of Japan (BOJ) to raise interest rates, which would cause panic among everyone who borrowed money from Japan at 0% interest. Related Reading: Why XRP Supply Crashing On Coinbase Is A Good Thing For The Price He further remarked that the loan holders will sell their investments to repay their loans, which causes a liquidity crisis. Remi noted that this is where XRP comes into play and “saves the day,” as the reverse Carry Trade will take place, causing the XRP price to reach between $50 and $15

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