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Bitcoin edges up near $83,330 amid rising Treasury yields and a stronger dollar, despite fading Fed rate hike bets.

Market News
12 Oct 2026
Decrypt
View Source
Neutral
Bitcoin edges up near $83,330 amid rising Treasury yields and a stronger dollar, despite fading Fed rate hike bets.

Bitcoin traded slightly higher around $83,330, up 0.6% on the day but down nearly 3% over the week, pressured by rising U.S. Treasury yields and a stronger dollar. These factors reflect renewed inflation concerns and cautious investor sentiment, overshadowing fading expectations for a Federal Reserve rate hike in October. Bitcoin continues to behave more like a risk asset than a stable store of value, with ETF flows showing mixed signals after recent heavy outflows. Market watchers now await upcoming U.S. inflation data, which could influence future Fed policy and Bitcoin's price direction.

Bitcoin's market capitalization on Pluang stands at Rp30.032,2 trillion as of Oct 12, 2026, 19:02 WIB, with a 24-hour trading volume of Rp360,35 trillion. The price on Pluang is Rp1.490.140.225, showing a modest 0.52% increase over the day, while most traders on the platform lean towards buying with 68% buy orders. Typical holding time for Bitcoin on Pluang is 111 days, indicating a medium-term investor interest amid the current market uncertainties highlighted in the news.

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