Bitcoin also rises as Asian stock markets surge... temporarily surpassing $56,000

As Asian stocks rebounded sharply, Bitcoin also temporarily recovered to $56,000 (approximately 8.17 million yen). As of 1:25 p.m. on the 6th, CoinMark, a global coin market relay site,
On the market cap, Bitcoin is at $55,640 (approximately JPY 8.12 million), up 2.53% from 24 hours ago.
Bitcoin rose to $56,271 (approximately ¥8.21 million) that morning, surpassing $56,000 (approximately ¥8.17 million).
This is believed to be due to the simultaneous surge in Asian stock markets. They are a sharp rebound from the previous day's crash. On the previous day, Japan's Nikkei rose 12.40%, South Korea's KOSPI 8.77%, and Taiwan's
The Asian market's sharp decline the previous day was due to the liquidation of yen carry trades. Yen carry trades are trades in which the yen, which has a low interest rate, is borrowed to buy yen, which has a high interest rate.
It is an economic term referring to the act of investing in national assets. The aftereffects of the yen carry trade liquidation have now come to an end.