Bitcoin, Ethereum, XRP, Dogecoin Slide as Treasury Yields Push Higher: Analyst Flags BTC 'Buying Opportunity' Before the Rally Resumes
Leading cryptocurrencies declined further on Monday as investors reacted to rising bond yields and growing expectations of interest rate hikes. Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:24 p.m. EDT) Bitcoin (CRYPTO: BTC) -1.20% $82,930.28 Ethereum (CRYPTO: ETH) -0.20% $2,665.02 XRP (CRYPTO: XRP) -2.30% $1.48 Solana (CRYPTO: SOL) -3.90% $117.15 Dogecoin (CRYPTO: DOGE) -3.60% $0.09299 Crypto Market Drops Further Bitcoin pushed for a breakout above $84,000 but met strong resistance and fell back toward the $82,000 area. Similarly, Ethereum hit an intraday high of $2,717.37 but failed to break through. XRP and Dogecoin recorded sharp dips. Cryptocurrency-related stocks also slipped, with Strategy Inc. (NASDAQ: MSTR ) and Bitmine Immersion Technologies Inc. (NYSE: BMNR ) closing down 0.93% and 2.61%, respectively. Over $530 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 fell 2.21% over the last 24 hours. However, smart money sentiment — the collective outlook and capital allocation of institutional investors — remained “bullish.” Top Gainers (24 Hours) C
Leading cryptocurrencies declined further on Monday as investors reacted to rising bond yields and growing expectations of interest rate hikes. m. 09299 Crypto Market Drops Further Bitcoin pushed for a breakout above $84,000 but met strong resistance and fell back toward the $82,000 area. 37 but failed to break through.
XRP and Dogecoin recorded sharp dips. Cryptocurrency-related stocks also slipped, with Strategy Inc. (NASDAQ: MSTR ) and Bitmine Immersion Technologies Inc. 61%, respectively.
Over $530 million was liquidated from the cryptocurrency market in the last 24 hours, predominantly in bullish long positions, according to Coinglass data. 21% over the last 24 hours. m. 96 trillion, broadly unchanged over the last 24 hours.
7M as Saylor Promises 'Even More Orange' Stock Market Plunges Stocks kicked off the week in the red. 51. 38. 23%, the highest since June 2007.
55%. Market participants are now pricing in a 71% chance of another 25-basis-point rate hike in October, up from 64% the day before, according to the CME FedWatch tool. BTC Buying Opportunity? Ali Martinez, a widely followed cryptocurrency analyst and trader, identified a double bottom breakout on Bitcoin’s daily chart, with price now retesting the $82,000 neckline.
A double bottom pattern signals that a downtrend is likely ending and an uptrend is beginning. It resembles the letter "W" and shows buyers taking control. “If this level holds as support, the retest could offer a buying opportunity before the rally resumes toward the pattern’s $100,000 target,” the analyst projected. BITCOIN: BULLISH RETEST!?
$BTC appears to have broken out of a double bottom pattern and is now moving back toward the $82,000 neckline. If this level holds as support, the retest could offer a buying opportunity before the rally resumes toward the pattern’s $100,000 target. com/SXE7VeA9SN — Ali Charts (@alicharts) September 28, 2026 Michaël van de Poppe, another well-known cryptocurrency commentator, said Bitcoin may have formed a local bottom and projected an upward trend if the cryptocurrency reclaims the $84,000 level. It looks to me as if we're going to be trending back up and that this might have been it for $BTC.
Reclaim $84,000 and that's a strong signal. com/nnDh2Eh74J — Michaël van de Poppe (@CryptoMichNL) September 28, 2026 Read Also: Bitcoin to Attract More Capital as Money Printing Continues, Analyst Says With Global Liquidity Above $103 Trillion Photo: KateStock / Shutterstock