Crypto News Today [Live] Updates On November 20,2025

Japan’s 10-year yield jumping above 1.7% — the highest since 2008 — has reversed global money flows. Rising domestic yields mean Japanese institutions no longer benefit from holding U.S. debt, forcing capital back home. This pushes U.S. yields higher, tightening liquidity and pressuring risk assets, with crypto reacting fastest. While the short term brings volatility, rapid yield spikes often lead to policy easing. As liquidity returns, Bitcoin and crypto typically recover before equities.

President Donald Trump said on Tuesday that he believes he’s identified his pick to lead the Federal Reserve, while claiming he’s being restrained from removing current Chair Jerome Powell. “I think I already know my choice,” Trump told reporters in the Oval Office. “I’d love to get the guy currently in there out right now, but people are holding me back.” Treasury Secretary Scott Bessent has narrowed the shortlist to Fed Governors Christopher Waller and Michelle Bowman, former Governor Kevin Warsh, NEC Director Kevin Hassett, and BlackRock executive Rick Rieder.