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Bitcoin’s Macro Relief Rally Runs Into a Japanese Bond Yield Headwind
NEWSJUL 7, 2026
Bitcoin’s Macro Relief Rally Runs Into a Japanese Bond Yield Headwind
Bitcoin has rebounded this month as traders reassessed U.S. interest-rate risks after softer inflation commentary and weaker job growth. But a surge in Japanese government bond yields is pushing global borrowing costs higher, threatening to curb appetite for non-yielding risk assets such as BTC.
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