Bitcoin Price Drops as Japan Bond Yields Spike and BOJ Rate Hike Expectations Grow | BTC Analysis

Bitcoin experienced significant downward pressure during Asian trading hours as Japanese government bond yields surged to multi-year highs. Market participants are increasingly pricing in potential monetary policy tightening from the Bank of Japan, creating risk-off sentiment across cryptocurrency markets. The BTC price decline reflects growing concerns about global liquidity conditions and their impact on speculative assets. Technical analysis shows Bitcoin struggling to maintain key support levels amid the changing macroeconomic landscape in Japan, which could signal further volatility ahead for major cryptocurrencies including Ethereum and other altcoins.