Analyst: Bitcoin price hovering around $84,000, Treasury yields near multi-year highs
2026-09-29 22:10:30
According to CoinMeta, Bitcoin traded at around $84,000 on Tuesday, showing a 0.9% increase over 24 hours, but a 2% decline within a week. This price range has been maintained for two weeks and is affected by external pressures. Treasury yields are near multi-year highs, with the 10-year Treasury yield reaching 5.274% on Monday, the highest since 2007, and the 30-year Treasury yield at 5.583%. On Monday, Brent crude oil prices rebounded above $100 per barrel as Trump rejected Iran's seven-day ceasefire plan, which strengthened the US dollar. Despite macroeconomic pressures, Bitcoin remained stable between $82,000 and $84,000, with institutional demand supporting this resilience. According to CoinMeta data: spot Bitcoin ETF has attracted funds for eight consecutive days, totaling approximately $3 billion.
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Source:Decrypt
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