Bitcoin Holds $78K as Global Bond Yields Hit Decades-High

Bitcoin is trading in a tight range around $78,000, showing resilience despite turmoil spilling out of fixed-income markets. Japan's 10-year government bond yield just touched a three-decade high, a symptom of the broader bond bear market gripping developed economies.

Historically, spiking sovereign yields pressure risk assets by raising the opportunity cost of holding non-yielding instruments. Yet BTC's refusal to break down suggests holders are treating it more as a hedge against fiscal instability than a pure risk-on trade.

Watch how equities react to the JGB move over the coming sessions. If yields keep climbing and Bitcoin stays anchored near $78K, it reinforces the growing narrative that BTC is decoupling from traditional duration-sensitive assets.