Bitcoin News Today: Bitcoin Falls Below $87.5K as Japan Bond Yields Hit 17-Year High and BOJ Rate-Hike Bets Surge

Bitcoin weakened in early Asia trading on Monday, sliding under $87,500 as Japanese bond yields spiked to levels not seen since 2008. The move strengthened the yen, accelerated carry-trade unwinds, and triggered a wave of crypto liquidations during thin liquidity hours. The pressure followed a sharp rise in Japan’s short-term government bond yields — a shift that traders increasingly interpret as a sign the Bank of Japan (BOJ) may be preparing its first rate hike in more than a decade. Japan Yields Surge, Sending Shockwaves Through Crypto MarketsJapan’s 2-year bond yield briefly reached 1 source: https://www.binance.com/en/square/post/33121693669657?utm_source=BinanceNewsRSS