Bitcoin is currently experiencing significant downward pressure as the Japanese bond yield reaches a 17-year high, indicating a shift in investment trends that may divert attention away from cryptocurrencies. At the same time, the Japanese yen continues to depreciate against other currencies, further complicating economic conditions and impacting investor sentiment in the cryptocurrency market. This combination of factors may lead to increased volatility for Bitcoin and other digital assets as traders reassess their positions in light of changing financial dynamics in Japan.
source: https://www.coindesk.com/markets/2025/10/08/bitcoin-under-pressure-as-japanese-bond-yield-hits-17-year-high-yen-depreciates