Bitcoin stuck in range as Japan bond yields sap carry-trade liquidity
Rising Japanese bond yields and a fading yen carry trade tighten global liquidity, keeping Bitcoin range-bound while global M2 grows below past bull‑market thresholds. Summary Japanese government bond yields hit multi-year highs, making domestic bonds more attractive and weakening the yen carry trade that funded risk assets. Global M2 is growing about 11.4% year-on-year, below…


