Bitcoin rode a mini roller coaster this week: it touched an eight-month high of $87.3k on Wednesday, but two days later it was slammed back to around $83k by U.S. Treasury yields.
The 10-year U.S. Treasury yield surged to 5.225%, the highest level since July 2007. The opportunity cost of holding non-yielding assets rose accordingly, and Bitcoin promptly pulled back. To make matters worse, the Federal Reserve just raised rates by 25 basis points on September 16, placing them in the 3.75%–4.00% range. In the futures market, traders are still pricing in another hike in October, bringing the total to four additional rate hikes cumulatively by June next year.
Data as of: 2026-09-26 18:30 UTC
Source: TradingNews; CoinDesk
For information only and does not constitute investment advice.
#BTC
The 10-year U.S. Treasury yield surged to 5.225%, the highest level since July 2007. The opportunity cost of holding non-yielding assets rose accordingly, and Bitcoin promptly pulled back. To make matters worse, the Federal Reserve just raised rates by 25 basis points on September 16, placing them in the 3.75%–4.00% range. In the futures market, traders are still pricing in another hike in October, bringing the total to four additional rate hikes cumulatively by June next year.
Data as of: 2026-09-26 18:30 UTC
Source: TradingNews; CoinDesk
For information only and does not constitute investment advice.
#BTC
