Bitcoin Consolidates Near $78,000 as Japanese Bond Yields Hit 30-Year High

Japan's 10-year government bond yield reached 3% on Tuesday, the highest level since 1996, while 30-year yields hit a record 4.18%. U.S. 10-year Treasury yields also climbed to 4.78%, reflecting a global sovereign bond sell-off. Amid this environment, Bitcoin is trading sideways near $78,000, facing resistance between its current price and $86,000. Market sentiment remains cautiously optimistic, with the $76,000 to $82,000 range identified as a critical zone. The sell-off follows Treasury Secretary Scott Bessent's announcement to increase the cap on Treasur