Bitcoin Price Slips While US Treasury Yields Soar, Oil Prices Climb

Bitcoin Magazine Bitcoin Price Slips While US Treasury Yields Soar, Oil Prices Climb Bitcoin’s price slid on Wednesday, just as U.S.

Treasuries surged, with the 10-year yield climbing above 5% and reaching — its highest level since 2007.  The price of the leading cryptocurrency was down 2% over a 24-hour period Wednesday afternoon in New York, and was trading hands for $84,357.  Bitcoin’s price had surged earlier in the week as investors piled into exchange-traded funds.

At one point, it soared as high as nearly $87,330.  JUST IN: U.S. Treasury Department to buy back up to $6 billion in longer-term debt tomorrow. Buy Bitcoin pic.twitter.com/nZm3BNqiVH— Bitcoin Magazine (@BitcoinMagazine) September 23, 2026 But its rally has since cooled.

It dropped further on Wednesday afternoon around the time the U.S.