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Bitcoin falls over 2% amid rising U.S. Treasury yields and crude oil price surge

Market News
24 Sep 2026
Blockonomi
View Source
Bearish
Bitcoin falls over 2% amid rising U.S. Treasury yields and crude oil price surge

Bitcoin dropped more than 2%, settling near $83,900, as U.S. Treasury yields hit their highest since 2007, with the 10-year yield reaching 5.11%. Dogecoin and other cryptocurrencies also saw significant declines, pressured by rising borrowing costs and a surge in crude oil prices above $104 per barrel, which fueled inflation concerns. Weak demand at a $70 billion Treasury auction further pushed yields higher, reducing the appeal of non-yielding assets like cryptocurrencies. Despite the recent drop, Bitcoin remains positive for September, supported by earlier regulatory gains in the U.S.

As of September 24, 2026, 15:11 WIB, Bitcoin trades at Rp1.507.546.676 on Pluang, down 1.66% in one day, contrasting with Dogecoin's sharper 5.70% drop to Rp1.688. Binance Coin shows a milder decline of 1.62% at Rp13.807.543. Bitcoin's market cap remains dominant at Rp30.397,03T, far exceeding Dogecoin's Rp291,48T, highlighting Bitcoin's relative resilience despite the broader crypto sell-off triggered by rising Treasury yields and inflation concerns.

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