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2 clusters · 24 sources · 15 days · First seen · Last updated

Cryptocurrency market volatility and US economic factors

Overview

Bitcoin and the broader cryptocurrency market experienced significant downward pressure in late 2026. In late September, Bitcoin fell below $84,000, driven by robust US economic data and a surge in 10-year US Treasury yields to their highest levels since 2007. This economic strength led to approximately $135.8 million in crypto liquidations within a single hour.

By early October, Bitcoin prices dropped further, falling below $81,000. This continued decline was attributed to rising oil prices, high bond yields, and market anxiety surrounding large-scale movements of digital assets by the US government. Onchain data showed significant transfers of seized assets, including over $1 billion in Bitcoin and various other tokens, to platforms such as Coinbase Prime. These developments resulted in over $480 million in long positions being liquidated within one hour.

Entities

Coinbase Prime · Bitcoin · S&P Global · BNB · United States government

Timeline

  1. [BUSINESS] 3 sources
    Bitcoin falls below $81,000 as US government moves billions in crypto

    Bitcoin fell below $81,000 amid fears of massive cryptocurrency sell-offs by the US government following large transfers of seized assets to Coinbase Prime.

  2. [BUSINESS] 21 sources
    Bitcoin falls below $84,000 as US Treasury yields hit 19-year high

    Bitcoin fell below $84,000 as strong US PMI data pushed 10-year Treasury yields to their highest levels since 2007, triggering over $135 million in cryptocurrency liquidations.

Sources

ambcrypto.com · captainaltcoin.com · coindeskjapan.com · coinedition.com · coinpedia.org · coinspeaker.com · cointelegraph.com · criptotendencias.com · crypto-times.jp · crypto.news · cryptobreaking.com · cryptonewsland.com · cryptoslate.com · finex.cz · kryptomagazin.cz · kurzy.cz · newmoney.gr · news.bitcoin.com · sofokleous10.gr · techjuice.pk · themarketperiodical.com · tokenpost.com · tradingview.com · tronweekly.com