Bitcoin Slips as Risk-Off Sentiment Builds on Japan Bond Yields and US-EU Tariffs

Bitcoin remained weak after falling below $90,000, despite a brief bounce above $97,000, QCP said on Jan. 21. Japan's 10-year bond yield rose to 2.29%, while US-EU tariffs are set to increase from 10% to 25% on June 1, adding pressure to risk assets. QCP noted that BTC is behaving like a high-beta risk asset.