Bitcoin slips to around $83,700 in morning trade
Bitcoin moved down to around $83,700 in early Wednesday trading as Treasury yields climbed and stock futures fell. The note comes in a broader market preview ahead of the Fed minutes and a 10-year Treasury auction.
By Scott Lehtonen Futures for the Dow Jones Industrial Average and other major stock indexes moved lower early Wednesday as rapidly rising Treasury yields pressured equity markets. Meanwhile, the minutes from the Federal Reserve's latest policy meeting are due later on the stock market today. 4%. 7% in morning trades.
25 a barrel. 34%. Also, bitcoin moved down to around $83,700. 7%.
4% before Wednesday's opening bell. Four Reasons To Put This Nvidia, AMD Partner On Your Watchlist Right Now EARNINGS MOVERS: CONSTELLATION BRANDS, NEOGEN Early Wednesday, Constellation Brands and Neogen were key earnings movers. Shares of Constellation tumbled 7% in premarket trading while Neogen stock soared more than 14%. Top Funds Bet Billions As This AI Stock Lights Up A Buy Zone STOCK MARKET TODAY: FED MINUTES, TREASURY AUCTION NEXT The Federal Reserve plans to release minutes from its Sept.
m. ET. That meeting concluded with the first Fed rate hike since 2023. Committee members also penciled in one more hike before year-end.
Further, the minutes could produce clues as to just how hard the group was or wasn't leaning in that direction. Early Wednesday, markets are pricing in 22% odds of a rate hike at the next meeting, down from 50% a week ago, according to the CME FedWatch Tool. m. ET.
Top Funds Sink Their Teeth Into Apple Stock. Sweet Breakout Ahead? Be sure to follow Scott Lehtonen on X at @IBD_SLehtonen for more on growth stocks, the Dow Jones Industrial Average and the stock market today. com Investor's Business Daily - Your edge in the stock market This content was created by Investor's Business Daily, which is operated by Dow Jones & Co.
IBD is run independently from Dow Jones Newswires and The Wall Street Journal. (END) Dow Jones Newswires October 07, 2026 08:04 ET (12:04 GMT) Copyright (c) 2026 Dow Jones & Company, Inc. The statements in this document shall not be considered as an objective or independent explanation of the matters. Please note that this document (a) has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and (b) is not subject to any prohibition on dealing ahead of the dissemination or publication of investment research.