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Tech stocks and Bitcoin fall as investors seek safety, pushing 10-year Treasury yield below 5%.

Market News
23 Oct 2026
Tokenpost
View Source
Bearish
Tech stocks and Bitcoin fall as investors seek safety, pushing 10-year Treasury yield below 5%.

Technology stocks and Bitcoin declined sharply as investors moved toward safer assets like U.S. Treasurys, causing the 10-year Treasury yield to drop below 5%. The Philadelphia Semiconductor Index fell 6.7%, and the Nasdaq Composite dropped 2.6%, marking its worst day since early June. Bitcoin slid from around $84,400 to $81,200, while gold and silver also dropped significantly. Rising oil prices added to inflation concerns, making investors cautious ahead of the Federal Reserve's upcoming policy statement on October 28, which will be closely watched for clues on inflation and interest rates.

As of Oct 24, 2026 03:02 WIB, Bitcoin on Pluang is trading at Rp1.466.531.269 with a minimal 1-day change of -0.01%, showing relative stability despite the broader market's tech selloff. The market cap stands at Rp29.499,92 trillion, while trading volume over the past 24 hours is Rp400,82 trillion. This contrasts with the article's note of Bitcoin sliding from $84,400 to $81,200, highlighting different price dynamics on Pluang at this time.

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