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Bitcoin Dips as Bond Yields Rise

Bitcoin's price drops to $83,500 as bond yields increase, affecting the broader crypto market and U.S. stock futures.

Mercation Admin
September 24, 2026 1 min read
Bitcoin Dips as Bond Yields Rise

Bitcoin (BTC) has experienced a decrease of 2.55% over the past 24 hours, currently trading at $83,500. Other cryptocurrencies are also facing declines, with Ether (ETH) and Solana (SOL) down around 3%, and XRP (XRP) suffering a notable drop of 7.5%.

In the stock market, futures suggest a continued downward trend, as the Nasdaq is projected to fall by 0.9% and the S&P 500 by 0.5%.

Bond market conditions are stable following a significant drop the previous day, which saw the U.S. 10-year Treasury yield rise nearly 20 basis points, marking its highest level in over 19 years.

Today's economic indicators will include Initial Jobless Claims, expected to show strength in the U.S. labor market, alongside the release of New Home Sales data for August and comments from several Federal Reserve officials.