Headlines about BTC
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Bitcoin fell over 6% as Japanese government bond yields hit 1999 highs at 2.29% and Trump's tariff threats on Europe intensified, pushing markets into defensive mode.
$BTC Bitcoin and global markets have turned defensive after a sharp shock from Japan’s bond market and renewed geopolitical tensions, dragging BTC down by more than 6% over the past week as U.S. equities slid by more than 2% at their lows and global debt markets sold off.
According to a recent market insight from QCP Asia, the pullback has been driven by surging Japanese government bond yields and escalating U.S.–Europe trade disputes, developments analysts say are tightening financial conditions and eroding risk appetite across asset classes.
Against this development, Bitcoin has struggled to regain momentum, trading below $90,000 after only recently reclaiming $97,000, as it increasingly behaves like a rate-sensitive risk asset rather than a hedge.