Bitcoin Dips Below $85K as Treasury Yields Reach 19-Year Peak

WHO:

NewsBTC - Bitcoin is the subject of the price movement discussed.

Cointelegraph - ONDO is mentioned as a top performer among altcoins.

WHAT:

NewsBTC - Bitcoin fell below $85,000 after stronger U.S. business data pushed Treasury yields higher.

NewsBTC - The S&P Global’s flash U.S. Composite PMI rose to 58.4 in September, the strongest reading since July 2021.

Cointelegraph - US Treasury yields hit a 19-year high.

Cointelegraph - Bitcoin traded near $83,200 as Fed hike odds reached about 75%.

Cointelegraph - Treasury prepared a $6 billion buyback of long-dated bonds.

WHERE:

Cointelegraph - The context of the financial markets in the United States is implied.

WHEN:

NewsBTC - The S&P Global’s flash U.S. Composite PMI data is from September.

Cointelegraph - The US Treasury yields reached a 19-year high on a Thursday.

WHY:

NewsBTC - Stronger-than-expected economic data renewed concerns that monetary policy may have to stay tight.

NewsBTC - Faster growth, stronger employment, and rising input prices can give the Federal Reserve less reason to cut interest rates.

HOW:

NewsBTC - The rise in Treasury yields is attributed to stronger U.S. business data.

(UPDATED September 25, 2026 09:58 UTC)

Bitcoin has fallen below $85,000, trading near $83,200, as stronger U.S. business data pushed Treasury yields to a 19-year high. The S&P Global’s flash U.S. Composite PMI rose to 58.4 in September, marking the strongest reading since July 2021, which has renewed concerns about the need for tight monetary policy. Meanwhile, ONDO is emerging as a top performer among altcoins as the U.S. Treasury prepares a $6 billion buyback of long-dated bonds.