Bitcoin Slides Over 6% as Japan’s 10-Year JGB Yield Hits 2.29% and U.S.–Europe Tariff Rift Deepens

Bitcoin has fallen more than 6% over the past week, trading back below $90,000 after briefly reclaiming $97,000, as global markets react to a sharp move in Japan’s bond market and intensifying tariff tensions between the U.S. and Europe. Japan’s 10-year government bond yield has surged to about 2.29%, its highest level since 1999, while new U.S. tariffs on eight European countries over Greenland are set to rise from 10% in February to 25% by June, prompting analysts to warn of tighter financial conditions and fading risk appetite.