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Bitcoin holds steady near $78.6K despite $6B US Treasury debt buyback and Middle East tensions.

Market News
09 Sep 2026
Bitcoin
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Neutral
Bitcoin holds steady near $78.6K despite $6B US Treasury debt buyback and Middle East tensions.

Bitcoin's price fluctuated between $78,095 and $79,650 following a $6 billion long-term debt buyback by the U.S. Treasury, ultimately settling near $78,600. The market saw $59 million in bitcoin liquidations and $223 million across cryptocurrencies amid volatile trading influenced by renewed U.S.-Iran conflict, which also pushed Brent crude oil prices above $100 per barrel. Despite expectations for a rally after the Treasury's intervention, bitcoin's price remained flat, while U.S. Treasury yields rose, signaling market tension. Analysts warn that ongoing geopolitical risks and rising yields could impact broader markets and borrowing costs soon.

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