Recently, there have been new developments in the global bond market. Japan increased its holdings of US Treasury bonds to $1.148 trillion in June, demonstrating confidence in the US economy. At the same time, China's holdings of US Treasury bonds remained unchanged at $756 billion, while the UK increased its holdings to $85.8 billion. These actions reflect different strategies adopted by countries amid global economic uncertainty.

The economic data has performed well, and Japan's move to increase its holdings of U.S. Treasury bonds seems to be a hedge against global economic uncertainty. This corresponds with the view of Federal Reserve official Daly, who predicts that there may be two interest rate cuts this year, reflecting a cautiously optimistic attitude in the market towards the U.S. economic outlook.

At the same time, interesting trends have emerged in the cryptocurrency market. The WLFI-associated address invested $18.6 million to purchase Ethereum and Bitcoin, indicating a clear correlation between the stablecoin market and the traditional bond market. This move may help stabilize the sentiment in the cryptocurrency market, especially considering that the Ethereum Foundation sold 7,294 ETH for DAI within three days.

These market trends indicate that both traditional financial institutions and emerging cryptocurrency participants are actively adjusting their portfolios to cope with the current economic environment. Investors are seeking to balance risk and return while closely monitoring changes in global economic policy.

As the market continues to evolve, we may see more cross-market interactions, and the boundaries between traditional finance and digital assets may further blur. Investors and analysts need to remain vigilant and closely monitor these cross-market trends to better understand and predict the future economic direction.