#BTC86kJPShock the Post with hashtag #BTC86kJPShock:

Bitcoin recently slid sharply below $86,000, a drop many analysts trace back to a hawkish shift by Bank of Japan (BoJ) — whose rising bond yields ushered in a global risk-off vibe and sparked heavy losses across crypto markets.

The surge in Japanese yields punctured the once-favorable yen carry-trade arbitrage, prompting investors to unwind leveraged and risk-heavy positions worldwide, which reverberated into sharp sell-offs for high-beta assets like Bitcoin. With liquidity thin and order books shallow, forced liquidations amplified the slide, erasing about $150 billion in market value in a single day.

The sudden move underscores how vulnerable crypto remains to macroeconomic shocks and shifting global monetary conditions.