Bitcoin’s 8.25% Crash: What’s Behind the Divergence with Falling Treasury Yields?
"Your wallet might never recover! Bitcoin has just witnessed a shocking 8.25% drop in value over the past week, despite a 16-basis-point decline in US real Treasury yields. This divergence is unprecedented, as lower real yields typically boost non-yielding assets like Bitcoin. But what's causing this anomaly? Technology-stock weakness and persistent ETF withdrawals are overwhelming the potential benefits of falling yields. Wintermute warns that Bitcoin must defend $76,800 or risk deeper losses. A sustained recovery above $80,000 requires renewed spot demand, which is sorely lacking. The market is fragile, and another decline in real yields may offer limited relief if technology shares remain under pressure and Bitcoin ETF investors continue withdrawing funds. The outlook now depends partly on upcoming US economic releases, including September job openings data and the October employment report. Will Bitcoin bounce back, or will it plummet further? The clock is ticking!"
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