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Chainlink jumps 12% as Bitcoin climbs above $84K amid rising U.S. Treasury yields

Market News
29 Sep 2026
Crypto Economy
View Source
Bullish
Chainlink jumps 12% as Bitcoin climbs above $84K amid rising U.S. Treasury yields

Chainlink's price surged by 12% following Bitcoin's rebound above the $84,000 mark. This movement occurred despite the U.S. 30-year Treasury yield reaching 5.58%, its highest since 2002, and the 10-year yield hitting 5.26%. The rise in Bitcoin and Chainlink suggests renewed investor interest in cryptocurrencies even amid rising long-term government bond yields, which typically indicate higher borrowing costs and economic uncertainty. Market watchers will be observing if this momentum continues or if yields will pressure crypto prices further.

As of Sep 29, 2026 20:41 WIB, Bitcoin trades at Rp1.514.603.614 with a modest 1-day gain of 0.77%, while Chainlink outpaces it with a stronger 3.83% rise to Rp272.144 on Pluang. Chainlink's higher daily increase contrasts with Bitcoin's steadier climb, reflecting different momentum despite Bitcoin's much larger market cap of Rp30.312,43T compared to Chainlink's Rp206,37T. This dynamic highlights varied investor activity, with Chainlink showing a shorter typical hold time of 63 days versus Bitcoin's 110 days on the platform.

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