๐จ Bitcoin Crash Alert: $BTC Drops Below $87,500!
Japan Bond Yields Hit 17-Year High โ Crypto Market Shaken ๐๐
AI Quick Summary:
Bitcoin fell under $87.5K in early Asia trading as Japanโs bond yields surged to levels not seen since 2008, strengthening the yen and triggering massive crypto liquidations.
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๐ฅ What Happened?
๐ฏ๐ต Japanโs 2-year bond yield jumped to 1.01% (17-year high)
๐ฃ๏ธ BOJ hints at a possible rate hike
๐ฑ Stronger yen โ Carry trades unwind
โก Thin liquidity โ Instant crypto sell-off
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๐ Market Impact
(BTC)
Dropped below $87,500
Over $150M in long liquidations
Analysts warn more downside if the yen strengthens further
Fell toward $2,850
About $140M in liquidations
Funding rates sharply compressed
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๐ Global Market Moves
๐ Gold demand rising โ 70% institutions expecting $5,000+ by 2026
๐ฏ๐ต Nikkei 225 slid 1.3%
๐ Markets pricing in 87% chance of a December Fed rate cut
๐จ๐ณ China manufacturing data remains a key catalyst
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๐ What Traders Are Watching Next
๐น BOJ communication ahead of the December meeting
๐น Yen moves โ If USD/JPY breaks lower โ deeper crypto sell-off
๐น Asia trading hours may stay highly volatile
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๐ฌ Your Thoughts?
Will BOJโs next move push Bitcoin even lower?
Comment below! ๐
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๐ Hashtags for More Reach
#BitcoinNews #CryptoAlert #BTC #BinanceSquare #Ethereum #CryptoCrash #MarketUpdate #BOJ #Japan #BinanceEarn #TradingNews #CryptoLiquidations #AsiaMarket
