Bitcoin stays flat as global bond bear market rages on, pushing JGB to high

Bitcoin traded flat as a global bond bear market intensified and Japanese government bond yields climbed to multi-year highs. Rising sovereign yields signal tightening monetary and inflation expectations and raise the opportunity cost of holding non‑yielding assets. The key implication is that persistently higher yields could keep Bitcoin rangebound and limit near-term upside until bond-market pressures ease.