Japan's 30-year government bond yield touched 4.115% on the same day. Analysts noted that the Japanese bond market is sending a significant warning, with core inflation rising to 1.8% in July, and the market widely expects Bank of Japan (BOJ) to raise its policy rate from 1% to 1.25% at its September meeting. Previously, investors had used low-cost yen for carry trades, and a weakening yen could put pressure on US government bonds. Despite the pressure on Japan, Bitcoin has risen by 22% in the past seven days, with its price currently close to $77,355.