Macro· ★★★★· bearish·

Bitcoin slips to $83,200 as surging Treasury yields stall rally

  • —BTC retreated to $83,200 after peaking at $86,054, shedding over $3,000
  • —10-year US Treasury yield topped 5.1%, the highest since 2007
  • —Odds of an October Fed rate hike rose to 75% from 49% a week earlier
  • —Key support sits at $81,000–83,000, with $82,833 the next level to watch
Why it matters: Holding $81–83K keeps a retest of $86–87K in play; a break lower would put $80,000 back in focus.
Source: Cointribune