According to a report today, Bitcoin dropped nearly 5 % to below US$87,000, after rising Japanese bond yields triggered risk-off sentiment — exposing how fragile liquidity remains in the crypto markets.
Alongside BTC’s drop, overall crypto markets saw substantial forced liquidations: over $159 million across global positions in the last 24 hours, with long (bullish) positions bearing the brunt.
Market analysts are now watching an $80,000 level as a key support zone for Bitcoin. If that holds, there may be room for rebound — but volatility remains high.
