{"id":231565,"date":"2026-09-23T21:08:27","date_gmt":"2026-09-23T21:08:27","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=231565"},"modified":"2026-09-23T21:08:27","modified_gmt":"2026-09-23T21:08:27","slug":"bitcoin-price-slips-while-us-treasury-yields-soar-oil-prices-climb","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=231565","title":{"rendered":"Bitcoin Price Slips While US Treasury Yields Soar, Oil Prices Climb"},"content":{"rendered":"

Bitcoin Magazine<\/a><\/p>\n

Bitcoin Price Slips While US Treasury Yields Soar, Oil Prices Climb<\/a><\/p>\n

<\/div>\n

Bitcoin\u2019s price<\/a> slid on Wednesday, just as U.S. Treasuries surged, with the 10-year yield climbing above 5% and reaching \u2014 its highest level since 2007.\u00a0<\/p>\n

The price of the leading cryptocurrency was down 2% over a 24-hour period Wednesday afternoon in New York, and was trading hands for $84,357.\u00a0<\/p>\n

Bitcoin\u2019s price had surged earlier in the week as investors piled into exchange-traded funds. At one point, it soared as high as nearly $87,330.\u00a0<\/p>\n

\n

JUST IN: U.S. Treasury Department to buy back up to $6 billion in longer-term debt tomorrow. <\/p>\n

Buy Bitcoin pic.twitter.com\/nZm3BNqiVH<\/a><\/p>\n

\u2014 Bitcoin Magazine (@BitcoinMagazine) September 23, 2026<\/a>\n<\/p><\/div>\n

But its rally has since cooled. It dropped further on Wednesday afternoon around the time the U.S. Treasury said it will purchase up to $6 billion of longer-dated government debt on Thursday.\u00a0<\/p>\n

Bitcoin previously benefited<\/a> from the Treasury Department\u2019s announcement of buybacks \u2014 having its best run in months \u2014 but this time dropped.<\/p>\n

The 10-year Treasury yield climbed<\/a> above 5% on Wednesday for the first time in 19 years, after September\u2019s flash PMI data came in well ahead of forecasts and pushed the composite index to a five-year high.<\/p>\n

Inflation details added to the pressure: input costs across manufacturing and services rose to their highest level since October 2022, driven largely by fuel and transportation, while wage pressure also strengthened.\u00a0<\/p>\n

Rising yields are typically a headwind for bitcoin\u2019s price. When safe government bonds pay 5%, holding an asset that generates no income becomes more expensive.\u00a0<\/p>\n

Higher rates also tend to strengthen the dollar and dampen appetite for risk-on assets. Bitcoin has repeatedly retreated this year when yields rose on inflation fears, often with ETF outflows and forced selling by leveraged traders amplifying the move.<\/p>\n

This post Bitcoin Price Slips While US Treasury Yields Soar, Oil Prices Climb<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Mathew Di Salvo<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine Bitcoin Price Slips While US Treasury Yields Soar, Oil Prices Climb Bitcoin\u2019s price slid on Wednesday, just as U.S. Treasuries surged, with the 10-year yield climbing above 5% and reaching \u2014 its highest level since 2007.\u00a0 The price of the leading cryptocurrency was down 2% over a 24-hour period Wednesday afternoon in New […]<\/p>\n","protected":false},"author":0,"featured_media":231566,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-231565","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/231565"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=231565"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/231565\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/231566"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=231565"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=231565"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=231565"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}