Bitcoin, Ethereum, XRP, Dogecoin Gain Amid Treasury Yields Spike: Analyst Says Whales Are 'Buying the Dip'
Leading cryptocurrencies ticked higher on Thursday even as investors weighed a spike in Treasury yields and heightened odds of further rate hikes. Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:25 p.m. EDT) Bitcoin (CRYPTO: BTC) +0.40% $84,603.62 Ethereum (CRYPTO: ETH) +0.40% $2,692.60 XRP (CRYPTO: XRP) +3.20% $1.54 Solana (CRYPTO: SOL) +2.00% $117.46 Dogecoin (CRYPTO: DOGE) +3.60% $0.09633 Crypto Market Steady Bitcoin oscillated in the $82,900-$84,800 range, while Ethereum battled strong bear resistance at $2,700. Cryptocurrency-related stocks rose, with Coinbase Inc. (NASDAQ: MSTR ) and Bitmine Immersion Technologies Inc. (NYSE: BMNR ) closing up 0.55% and 2.08%, respectively. Over $340 million was liquidated from the cryptocurrency market in the last 24 hours, predominantly in bullish long positions, according to Coinglass data. Bitcoin’s open interest dipped 0.77% over the last 24 hours. A drop in Open Interest accompanied by an increase in price typically indicates short covering, meaning traders who previously sold the asset short are now buying it back. "Greed" sentiment prevailed in the market, according to the Crypto Fear & Greed Index. Top Gainers (24 Hours) Crypto
Leading cryptocurrencies ticked higher on Thursday even as investors weighed a spike in Treasury yields and heightened odds of further rate hikes. m. 09633 Crypto Market Steady Bitcoin oscillated in the $82,900-$84,800 range, while Ethereum battled strong bear resistance at $2,700. Cryptocurrency-related stocks rose, with Coinbase Inc.
(NASDAQ: MSTR ) and Bitmine Immersion Technologies Inc. 08%, respectively. Over $340 million was liquidated from the cryptocurrency market in the last 24 hours, predominantly in bullish long positions, according to Coinglass data. 77% over the last 24 hours.
A drop in Open Interest accompanied by an increase in price typically indicates short covering, meaning traders who previously sold the asset short are now buying it back. "Greed" sentiment prevailed in the market, according to the Crypto Fear & Greed Index. m. 5% from the previous day.
98. 13. 37. 19% on Thursday, its highest level since 2007.
48%, its highest since 2004. S. initial jobless claims fell by 1,000 to 197,000 in the second week of September, compared to market estimates of 201,000. 57 billion over the last four days.
“But while price corrected, whales appear to have taken advantage of the weakness,” the analyst added. 24%, falling from $87,400 to a low of $82,800. But while price corrected, whales appear to have taken advantage of the weakness. com/zk7MZMBS81 — Ali Charts (@alicharts) September 24, 2026 On-chain analytics firm CryptoQuant flagged a significant increase in Bitcoin miner transfers to Binance when the price hit $87,000 on Monday.
“Historically, Bitcoin miners often monetize part of their production during stronger markets to cover the substantial operating and capital costs of mining,” the firm stated. com