BTC tested the key psychological support of $65k in the early hours of Monday as Japanese stock market index Nikkie 225 opened close to 2% lower than the previous close on Friday. This indicates that even as the world seems to be running towards risk-on assets, Japanese are doing otherwise.
The data comes in as the Chinese stock market has risen more than 16% in the last week, with the news of China announcing a stimulus program, creating a post-Covid like scenario where risk-on assets showed a tremendous growth in a short period of time.
