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Bitcoin fights for local uptrend as US bond yields drop from new 24-year highs

Cointelegraph Market Analysis·October 1, 2026·1 min read
Bitcoin fights for local uptrend as US bond yields drop from new 24-year highs

US bond yields fell sharply around Thursday's Wall Street open as Bitcoin price action sought to preserve a local trend of higher lows. The drop in yields comes after they hit new 24-year highs, providing potential support for risk assets like Bitcoin. Traders watch whether Bitcoin can maintain its uptrend amid shifting macro conditions.

Read at Cointelegraph Market Analysis
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