Bitcoin2026-10-01 15:55:19Bitcoin holds a local higher-low structure as US Treasury yields pull back from 24-year highsBitcoin traded back above $84,000 around Thursday’s Wall Street open as US Treasury yields retreated after hitting fresh multidecade highs. TradingView data cited by Cointelegraph showed BTC/USD preserving a pattern of higher lows on the hourly chart, with the pair up 0.6% on the day and $84,000 staying in focus during the first US trading session of October. In rates markets, both the US 30-year and 10-year Treasury yields set new macro highs. The 10-year yield reached 5.342%, a level last seen in April 2002, before easing to 5.251% at the time of writing. Mahmood Pradhan, former deputy director of the European department at the International Monetary Fund, told The New York Times that global markets were "very nervous" about rising public debt, while higher yields were also raising governments’ interest costs. He added that the war in the Middle East had changed the backdrop, with higher oil prices already showing up in inflation data. Cointelegraph also pointed to the August US Personal Consumption Expenditures index, which came in at 3.4% year over year, below expectations. Market reaction was muted. Benjamin Cowen said on X that yields had risen quickly once the market began worrying that the Federal Reserve was no longer taking inflation seriously. On market structure, CoinGlass data showed $84,500 and $82,900 as nearby liquidity zones, while Rekt Capital said Bitcoin may still need a "messy" retest of support near $82,500.100
Jefferies2026-10-01 06:18:43Jefferies says Treasury yields look attractive as markets price in steep Fed hikesJefferies global economist Mohit Kumar said current U.S. Treasury yield levels are attractive for long-term investors, though uncertainty remains high. The firm also said central banks are unlikely to deliver rate hikes as large as those implied by market pricing. According to LSEG data, money markets have priced in a cumulative 93 basis points of Federal Reserve tightening over the next 12 months. The comments point to a gap between Jefferies' view and current market expectations on the path of policy rates.70
HTX2026-09-30 07:11:34HTX to host Sept. 30 livestream on PCE data and crypto market outlookHTX said on its official social media accounts that it will hold a themed livestream at 20:00 UTC+8 on Sept. 30 titled "PCE Tonight: Sector Rotation in a Bull Market or the Final Frenzy?" The session will feature crypto KOLs 0xPink, Xiaohai, HiSeven, and Xiaozhi. According to the announcement, the discussion will focus on rising U.S. Treasury yields, the relatively strong performance of altcoins, and the August PCE data set for release. The speakers are also expected to discuss the near-term outlook for Bitcoin and the broader altcoin market. The information was first carried by ChainCatcher.230
Bitcoin2026-09-29 16:26:11Bitcoin Pulls Back Below $85K as Long-Term Holder Supply Adds ResistanceBitcoin gave up its latest advance after the Tuesday Wall Street open, failing to sustain a move toward $85,000 as rising US Treasury yields kept pressure on risk assets and precious metals. BTC/USD briefly climbed to the mid-$84,000 range before slipping back below its daily open near $83,600 and later dropping under $83,000. In the bond market, the 30-year US yield rose above 5.60% to a new 24-year high, while the 10-year yield reached 5.26%, close to overtaking its June 2007 peak and levels last seen in April 2002. Gold, which had fallen 3.6% on Monday to $4,115 per ounce, recovered to $4,166 at the time of writing. Order-book data from CoinGlass showed ask liquidity continuing to build around $85,000, reinforcing overhead resistance. Glassnode said long-term holder supply was most concentrated in the $84,000-$85,000 range, raising the odds of profit-taking if Bitcoin attempts a breakout. Mosaic Asset Company, meanwhile, argued that US equities could still rebound from what it called extremely oversold conditions, citing weak market breadth, a rise in bearish sentiment and stronger-than-expected August job gains even as markets price in a 0.25% Federal Reserve rate hike in October.280
Binance Resea2026-09-29 07:23:32Binance Research says Bitcoin’s pre-golden-cross reset depth may shape upside after the signalBinance Research said in a new report that the amount of time Bitcoin spends below its 200-day moving average before a golden cross may help explain the scale of gains that follow. The study reviewed 12 historical golden cross events, defined as the 50-day moving average crossing above the 200-day moving average, and found a link between the number of days Bitcoin closed below the 200-day average in the prior year and later price performance. According to the report, six cases qualified as “deep resets,” meaning Bitcoin traded below the 200-day moving average for at least 150 days before the golden cross formed. In those instances, Bitcoin’s peak gain over the following year ranged from about 100% to 600%. The report also said the current macro backdrop remains a test for the market. Binance Research linked Bitcoin’s recent pullback to rising US Treasury yields, with the 10-year Treasury yield reaching 5.17% on Sept. 25, its highest level since 2007. Even so, spot demand held up during the bond sell-off. US spot Bitcoin ETFs posted $998.95 million in net inflows on Sept. 21, the largest single-day inflow of 2026, the report said. Binance Research added that if Bitcoin holds above its 50-week moving average through upcoming PCE inflation and employment data releases, that would offer a stronger confirmation signal.230
Gold2026-09-29 07:25:46Spot gold edges higher Tuesday but stays below $4,200 an ounceSpot gold posted a modest gain on Tuesday, though it continued to trade below $4,200 per ounce after an earlier sell-off in precious metals. The pullback had been driven by U.S. Treasury yields climbing to multi-decade highs and a rise in oil prices, according to the source report. An analyst at IG said gold only managed a limited rebound because markets expect the Federal Reserve to keep interest rates higher for longer. Traders are currently pricing in a 72.5% probability of a Fed rate hike in October. Market attention is now on upcoming U.S. economic data, including consumer confidence and job openings figures. The report was published by ChainCatcher.240
Gold2026-09-29 05:51:12The Kobeissi Letter says gold’s one-day drop ranks among the most extreme in nearly 20 yearsThe Kobeissi Letter said on X that gold posted an unusually sharp one-day decline, describing the move as one of the rarest daily drops seen in nearly two decades. According to the account’s figures, gold has averaged a daily move of +0.05% since 2006, with a standard deviation of 1.19%. Based on that framework, the latest sell-off translates to a Z-score of -2.90, placing it deep in the left tail of the return distribution. The post added that, under a normal distribution estimate, a one-day decline of that size carries a probability of roughly 0.2%. In practical terms, it said, such a move would occur about once every two years on average. The Kobeissi Letter linked the sell-off to a surge in US Treasury yields, arguing that the jump in yields is creating an unusual shock across precious metals markets. The comments were cited by Odaily in a market analysis brief published on Sept. 29, 2026.300
Policy Regula2026-09-29 05:12:09Treasury yields hit 5.27% as stocks, gold and AI shares retreat under rate pressureU.S. markets closed lower Monday as Treasury yields extended their climb, with the 10-year yield rising about 8 basis points to 5.27%, its highest level since mid-2007, and the 30-year yield moving above 5.5%, a level not seen since 2002. The move pushed the equity-bond yield gap into a rare inversion, with the S&P 500 earnings yield falling below the 10-year Treasury yield, a setup described in the report as the most favorable for bonds relative to stocks in roughly 25 years. Oil prices swung on headlines tied to the U.S.-Iran standoff, while gold fell about 4% to around $4,110 an ounce at the session low and silver dropped roughly 6%. Saxo Bank’s Ole Hansen said the selloff reflected surging bond yields, a firmer dollar and technical liquidation, with profit-taking ahead of China’s National Day holiday possibly adding to the move. Goldman Sachs’ trading desk said sovereign and institutional buying interest had emerged near $4,000. Technology and AI-linked names were among the weakest areas of the market. The Philadelphia Semiconductor Index fell about 1.61%, while Meta, AMD and Micron declined. Nvidia stood out after approving an additional $150 billion buyback, taking total authorization to $235 billion. Investors are now looking ahead to a planned AI meeting involving Donald Trump and technology executives, OpenAI DevDay in San Francisco, and a fresh round of remarks from Federal Reserve officials.300
