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BTC $96,420 +2.34% ETH $3,280 +1.82% SOL $185.40 -0.92% BNB $642.50 +0.45% XRP $2.18 +3.12% DOGE $0.082 -1.50% ADA $1.05 +0.80% AVAX $42.10 +1.15%
BTC $96,420 +2.34% ETH $3,280 +1.82% SOL $185.40 -0.92% BNB $642.50 +0.45% XRP $2.18 +3.12% DOGE $0.082 -1.50% ADA $1.05 +0.80% AVAX $42.10 +1.15%
09/24/2026

Bitcoin Dips Below $84K as Treasury Yields Reach 19-Year High

What happened: Bitcoin traded near $83,200 on September 24, 2026, following a brief rally above $87,000 earlier in the week.

Bitcoin Dips Below $84K as Treasury Yields Reach 19-Year High

What happened: Bitcoin traded near $83,200 on September 24, 2026, following a brief rally above $87,000 earlier in the week. The decline coincided with the US 10-year Treasury yield climbing to 5.11%—its highest close since 2007—after a stronger-than-expected PMI report. The CME FedWatch tool showed a 75.3% probability of an October Federal Reserve rate hike, up sharply from the prior day. The US Treasury also announced a $6 billion buyback of long-dated bonds.

Why it matters: The sharp rise in Treasury yields has exerted pressure on risk assets, including cryptocurrencies. Despite the macro-driven selloff, some analysts note that Bitcoin has remained relatively resilient compared to previous rate spikes. The interplay between monetary policy, bond markets, and crypto valuations remains a key theme as investors assess the impact of higher-for-longer interest rates.

Source: Cointelegraph, Yahoo Finance