EconomyBitcoin slips below $85,000 as 5% Treasury yield returns to haunt risk assets
Bitcoin fell below $85,000 on Sept. 23 after stronger-than-expected US business activity pushed Treasury yields higher and triggered leveraged-long liquidations. S&P Global’s composite PMI reached 58.4, its highest level in more than five years, while the 10-year Treasury yield moved back above 5%, reviving concerns that rates may remain elevated.
C
CryptoSlate★★☆☆☆2026-09-23 23:40Original
Bitcoin slips below $85,000 as 5% Treasury yield returns to haunt risk assets
Economy