Bitcoin weakened in early Asia trading on Monday, sliding below $67,500. ๐Ÿ“‰ This move followed a spike in Japanese bond yields to levels not seen since 2008.

The strengthening yen accelerated carry-trade unwinds and triggered crypto liquidations during thin liquidity hours.

The pressure stems from a sharp rise in Japanโ€™s short-term government bond yields. ๐Ÿ‡ฏ๐Ÿ‡ต Traders increasingly interpret this as a sign the Bank of Japan (BOJ) may be preparing its first rate hike in over a decade. ๐Ÿฆ๐Ÿ’น

Information is for market updates, not investment advice.
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