Bitcoin, ether fall as Treasury yields rise
Bitcoin fell 3% to $83,098 and ethereum lost 5% to $2,564 as traders pointed to record-high Treasury yields and a stronger U.S. dollar. XRP and solana also declined in a broader crypto selloff.
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Bitcoin fell 3% to $83,098 and ethereum lost 5% to $2,564 as traders pointed to record-high Treasury yields and a stronger U.S. dollar. XRP and solana also declined in a broader crypto selloff.
Glassnode says 86% of bitcoin moved onto exchanges on Sunday came from short-term holders, the highest share in more than a year. The analysis says continued profit-taking could create supply pressure near $85,000.
Bitcoin, Ethereum and XRP moved lower as higher oil prices, rising Treasury yields and a stronger U.S. dollar pressured digital assets. Bitcoin fell to $83,323, Ethereum to $2,564 and XRP to $1.42, according to the report.
Bitcoin dropped 3% to $83,098 as traders cited record-high Treasury yields and a stronger U.S. dollar. Ethereum, XRP and solana also fell in the same market move.
Bernstein cut its target price on AstraZeneca to 198 pounds from 200 pounds and kept a positive view on the drugmaker’s pipeline. Shares were up 1% at 120.80 pounds.
Ether dropped 4.4% to as low as $2,572 as elevated Treasury yields weighed on risk appetite. Analysts said weaker institutional demand and recent spot ETF outflows were adding pressure.
The dollar's recent advance could continue if the Fed minutes show broad support for further rate hikes, according to Infinox's Thadeu Dos Santos. A more cautious readout could reverse the move, while Thursday's jobless claims report is also seen as a possible catalyst.
Bitcoin fell below $84,000, while Ethereum slipped 4% and XRP lost 3.4% as higher oil prices, rising Treasury yields and a stronger U.S. dollar pressured digital assets. The moves also weighed on crypto-related stocks ahead of the open.
Leading cryptocurrency analyst Ali Martinez on Sunday identified $0.095 as the key level for Dogecoin’s (CRYPTO: DOGE) bullish breakout. Breakout Getting Closer? Martinez noted DOGE’s consolidation in a descending triangle on the 4-hour chart, adding that the structure is “becoming increasingly compressed” and a “break
Bitcoin continues to trade in a narrow range as October rate hike odds plummeted to 30%. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $84,579 Ethereum (CRYPTO: ETH) $2,692 Solana (CRYPTO: SOL) $118.33 XRP (CRYPTO: XRP) $1.50 Dogecoin (CRYPTO: DOGE) $0.09494 Shiba Inu (CRYPTO: SHIB) $0.0 5 5812 Notable Statistics
Tap Global Group said it bought 3 bitcoin at an average price of £63,132 each, or a total £189,395. The reserve will be deployed through its Tap Earn programme to generate income.
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Leading cryptocurrencies declined on Wednesday as Treasury yields spiked and tensions between the U.S. and Iran intensified. Bitcoin fell to $78,246.01, while Dogecoin and Solana also posted losses.
Circle Internet Group shares rose in regular trading and after hours as a broader crypto rally, lower Treasury yields and a planned White House meeting between President Donald Trump and crypto executives boosted sentiment.
Webull Corp reported second-quarter revenue of $198.83 million, up 51% year over year and above the $181.26 million estimate, while adjusted EPS of 5 cents beat expectations of 3 cents.
Strategy Inc. (NASDAQ: MSTR) shares climb alongside a broad crypto rally as Treasury yields ease after the Treasury Department expanded its bond-buyback program and investors look ahead to President Donald Trump’s White House meeting with crypto executives.
The US Treasury says it will increase liquidity support buyback operations for longer-dated nominal coupon securities from a maximum of $2 billion per operation to at least $4 billion, effective September 9 through November 4, 2026.