Japan could formally confirm joint currency action with Washington on Monday, and one official told Reuters the operation is still ongoing, turning the announcement into a live market event. Bitcoin trades near $63,000, exposed to a bond market problem most crypto traders have not priced. The Bond Market Reason Behind the CooperationThe 2011 comparison matters more than it appears. Economy Minister Minoru Kiuchi said Sunday the government will improve market communication, stressing the importance of maintaining trust in Japan's fiscal sustainability. Rising global yields compete directly with non-yielding assets, and Japanese government bond stress has repeatedly spilled into crypto this year.