Bitcoin falls to September low as bond yields hit multidecade highs
Bitcoin price falls to $75,560 as Senate vote uncertainty shakes crypto Track the latest yield pressure and policy signals before the next market move
Bitcoin fell to about $75,560 on Tuesday, marking its lowest level in September as traders reacted to uncertainty around a planned US Senate vote on the CLARITY Act.
The move came as bond yields rose sharply across major economies, adding pressure to risk assets. In the US, the 10year Treasury yield moved above 5% for the first time since 2023, while yields in the UK and Japan also climbed to longterm highs.
Market watchers said the combination of higher yields, inflation concerns, and legislative uncertainty has kept crypto markets cautious. Some analysts also noted that tighter monetary policy could remain a headwind for digital assets if central banks continue raising rates.