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Mubasher Awan32

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Ethereum (ETH) took a hit recently, dropping below $3,000 with a 10% decline in 24 hours, triggering over $140 million in long liquidations. As of December 2, 2025, ETH is around $2,982, down 7.41% in the past day. The broader crypto market is feeling the pressure, partly due to Japan's bond yields spiking and a stronger yen, which is causing carry trade unwinds ¹ ² ³. If you're curious about other coins on Coinbase (which I assume you mean by "ntc"), here are a few major ones and their recent performance: - *Bitcoin (BTC)*: Around $86,735, down 0.69% in 24 hours. - *Solana (SOL)*: About $189, down 0.7% in 24 hours. - *XRP*: $2.08, up 1.1% in 24 hours. - *BNB*: $700, down 0.45% in 24 hours ⁴ ⁵. #ETH🔥🔥🔥🔥🔥🔥

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Bitcoin took a hit in early Asia trading on Monday, dipping below $87,500 as Japan's bond yields surged to levels not seen since 2008. The jump in yields boosted the yen, sparked a wave of carry-trade unwinds, and led to crypto liquidations during thin trading hours. This follows comments from Bank of Japan Governor Kazuo Ueda, hinting at a possible rate hike in December—the first in over a decade. The crypto impact was immediate: - *Bitcoin dropped below $87,500*, with over $150 million in long liquidations. - *Ether slid toward $2,850*, seeing around $140 million in long liquidations. - Prediction markets now give a 50% chance of a BOJ rate hike in December, up 7% in a day. The yen's strength is key: traders who borrowed yen for higher-yielding assets (like crypto) are now unwinding, reducing liquidity and amplifying volatility. With thin liquidity in Asia, the sell-off was sharp. Traders are now watching the BOJ's next moves and the yen's trajectory, which could mean more volatility for crypto. Be ready for bullish trend #BTC86kJPShock

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