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30-year U.S. Treasury yield hits 5.7% as $448M Bitcoin moves to Coinbase Prime spotlight crypto market shifts

Market News
07 Oct 2026
Tokenpost
View Source
Neutral
30-year U.S. Treasury yield hits 5.7% as $448M Bitcoin moves to Coinbase Prime spotlight crypto market shifts

The 30-year U.S. Treasury yield rose above 5.7%, reaching its highest level since 2002, while a U.S. government-linked address transferred $448 million worth of Bitcoin to Coinbase Prime. This large crypto transfer, part of a $670 million total movement including Tether and BNB, highlights significant on-chain activity amid rising long-term U.S. borrowing costs. These developments underscore the growing influence of macroeconomic factors on the crypto market, though the ultimate use of the transferred assets remains unclear.

U.S. Treasury 30-Year Yield and Bitcoin transfer data provide context for market activity. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Oct 08, 2026 09:22 WIB: out of 50 priced major cryptocurrencies, 20 rose and 29 fell today. Notable movers include SAND at Rp1.365 with a 9.49% increase and a typical hold time of 123 days, EOS at Rp12.649 up 8.13%, and MANA at Rp1.845 rising 5.49% with 82% buy order activity.

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