Bitcoin Could See Further Gains Amid Rising Global Bond Yields and Japan’s Debt Concerns

Key Points

1. Japan’s 30-year government bond yields surged to 3.2%, the highest since 2019, amid a debt-to-GDP ratio of 235%, boosting Bitcoin's appeal as a defensive asset.

2. Global bond market liquidity is tightening, pushing yields higher, with the U.S. 10-year Treasury yield rising by 40 to 60 basis points.

3. Bitcoin and Ethereum spot ETF inflows have exceeded $3 billion and $1 billion respectively, reflecting growing institutional confidence.

4. Bitcoin's spot order book shows strategic buyer positioning at key levels, indicating continued market support despite recent corrections.

5. Experts predict Bitcoin could reach $133,000 to $135,000, with analysts highlighting strong bullish momentum and institutional investments.