Japan 30Y Yield Hits 3-Decade High, BTC Flat at $78K

The simultaneous move in long-end Japanese yields and a flat BTC print underscores how rate-sensitive crypto has become to global fixed-income repricing. A 30-year high in JGBs signals that even the last major holdout of ultra-loose policy is adjusting, which historically pressures risk assets via higher discount rates and yen-funded carry unwinds. The lack of downside in BTC suggests either resilience or a pause before direction resolves. The key watch is whether this yield spike broadens into a global duration sell-off, as that would test crypto's current correlation to macro liquidity.