Bitcoin holds near $77–79K despite $107 oil and 5% US Treasury yields
- —10-year US Treasury yields reached 5.02%, the highest since 2007
- —Brent rose 1.6% to $107.30 per barrel
- —From September 8 to 11, $462.7 million was withdrawn from spot BTC ETFs over 4 days
- —September net inflow into BTC ETFs remains positive at about $307.4 million
Why it matters: The market has already priced in a Fed rate hike; the key question is whether it will be a one-off move or the start of a tightening cycle, which will determine Bitcoin's further trajectory.
Source: Blockmedia