A surge in Japanese bond yields, coupled with geopolitical and economic uncertainties, is fueling concerns among traders that BTC could face a significant correction.
Traders are now in a wait-and-watch mode as they approach the coming months, mainly eying macroeconomic data and decisions for cues on further positioning.
The Hermit Kingdom, which intelligence agencies say was behind the $1.5 billion Bybit hack, faces “offramping” challenges due to the size of its hauls.