Dogecoin led a broad cryptocurrency sell-off with an 8% drop, while Bitcoin fell over 2% to about $83,900 amid rising US Treasury yields hitting their highest level since 2007. The 10-year Treasury yield rose to 5.11%, driven by strong US business activity, higher oil prices, and weak demand for five-year Treasury notes. Higher yields increase borrowing costs and pressure non-yielding assets like Bitcoin, contributing to the crypto market decline. Investors are also watching a large Bitcoin options expiry worth around $14 billion due Friday, which may add volatility.
As of Sep 24, 2026 11:21 WIB, Dogecoin is down 10.17% on Pluang, trading at Rp1.660, showing a sharper decline than the 8% drop noted in the news. Bitcoin is also lower by 3.42%, priced at Rp1.495.005.406, reflecting continued selling pressure with 51% of orders as sell. Ethereum follows the downward trend with a 3.74% decrease, trading at Rp47.621.601, highlighting a broad crypto market pullback.
Ethereum is showing strong signs of reaching $3,000, supported by a 70%+ expected ROI this quarter and significant institutional interest, including $1.01 billion in recent ETF purchases by BlackRock. Whale activity and growing long positions indicat...
US business activity surged in September to its fastest pace since July 2021, pushing expectations for a Federal Reserve rate hike in October to about 70%. This led to higher Treasury yields, with the 10-year yield rising above 5%, and caused decline...
Bitcoin and Ether prices fell sharply, with Bitcoin dropping to $83,500 and Ether to $2,635, triggering $545 million in crypto liquidations over 24 hours. Most losses came from leveraged long positions, accounting for $447 million of the total $545 m...
The Federal Reserve raised its federal funds rate by 25 basis points to 3.75%-4.00%, fueling speculation about further monetary tightening. This move has caused financial markets, including Bitcoin, to adjust expectations due to potential impacts on ...
US Treasury yields have surged, with the 10-year note hitting around 5%, levels not seen since 2007. This rise increases borrowing costs for consumers and businesses, raising concerns about slower economic growth. In the crypto market, higher yields ...
