Bitcoin, ether pop higher as Japan rate hike lifts Asian risk appetite

Japan’s 10-year government bond yield briefly touched 2% for the first time since 2006 after the central bank lifted its benchmark rate. What to know : Bitcoin and ether surged past key technical levels, driven by gains in Asian equities and easing global financial conditions. Japan's interest rate hike to a three-decade high was smoothly absorbed by markets, boosting Asian stocks and weakening the yen. Softer U.S. inflation data bolstered risk sentiment, with expectations rising for potential Federal Reserve rate cuts.