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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%
07/25/2026

Bitcoin Slides Below $64K as Bond Yields Raise Rate-Hike Odds

What happened: Bitcoin fell below $64,000, trading as low as $64,056 amid rising US bond yields.

Bitcoin Slides Below $64K as Bond Yields Raise Rate-Hike Odds

What happened: Bitcoin fell below $64,000, trading as low as $64,056 amid rising US bond yields. The 2-year Treasury yield reached 4.31%, and the 10-year hit 4.569%, with markets pricing in an 80% probability of a Federal Reserve rate hike in September. Traders pointed to layered bid liquidity on Binance as psychological support, though no official intervention was confirmed.

Why it matters: Higher yields and the prospect of tighter monetary policy are pressuring risk assets, including crypto. Bitcoin's technical resistance at the 50-month EMA ($65,950) and the lack of strong buying interest raise questions about short-term momentum. The "plunge protection" narrative reflects market anxiety rather than coordinated defense.

Source: Cointelegraph