Bitcoin News Today: Bitcoin Falls Below $87.5K as Japan Bond Yields Hit 17-Year High and BOJ Rate-Hike Bets Surge AI Summary Bitcoin weakened in early Asia trading on Monday, sliding under $87,500 as Japanese bond yields spiked to levels not seen since 2008. The move strengthened the yen, accelerated carry-trade unwinds, and triggered a wave of crypto liquidations during thin liquidity hours. The pressure followed a sharp rise in Japan’s short-term government bond yields — a shift that traders increasingly interpret as a sign the Bank of Japan (BOJ) may be preparing its first rate hike in more than a decade. Japan Yields Surge, Sending Shockwaves Through Crypto Markets Japan’s 2-year bond yield briefly reached 1.01%, the highest in 17 years, after BOJ Governor Kazuo Ueda said policymakers would assess whether a rate hike is appropriate at this month’s meeting. The comments accelerated yen buying and caused leveraged traders to unwind risk positions funded through yen carry trades — a dynamic that has supported global risk assets throughout 2025. Crypto, which is extremely sensitive to overnight liquidity moves in Asia, was hit immediately: Bitcoin dropped below $BTC 87,500, triggering forced liquidations Ether slid toward $ETH 2850 Both BTC and ETH long positions saw more than $290 million combined in liquidations Liquidity remained thin across perpetual futures markets, magnifying the downside move Prediction markets reacted quickly. On Polymarket, the probability of a December BOJ rate hike rose to roughly 50%, up seven percentage points on the day. Why Japan Matters: Yen Strength and Carry Trades Put Pressure on Crypto The yen’s rapid strengthening is central to the market volatility. For much of the year, traders have borrowed cheaply in yen to buy higher-yielding assets — including equities and crypto. #Binance #btc
$ETH Ethereum 2856.66 long position reminder: consider going long around Ethereum 2856 (if there is a tracking error within 5, enter directly) position 20x leverage 10% position, stop loss 2833 Assuming Ethereum breaks below the key level of 2840 and hits the stop loss, then consider whether the direction has changed and whether the rebound is already in place. Note: Avoid relying on heavy positions, only test key levels, does not represent long-term direction. ETHUSDT Perp 2,920.86 +0.68% #ETH
$BTC update 🚨 BTC is sitting on a major support zone (91–92k) on higher timeframes. Market is oversold, sellers are getting weaker, and BTC has already grabbed liquidity below 92k. Im expecting a bounce.. Best entry: 91,800 – 92,500 DCA if needed: 90,500 89,000 TP1: 94,800 TP2: 97,500 TP3: 101,000 SL: 88,400 This is a relief bounce long, not a trend reversal. After the bounce, BTC can still go down later Click here to Trade 👉$BTC #BTC90kBreakingPoint #BTC