Bitcoin rises to $81,000 as bond yields rebound
Bitcoin price tops $80,000 as yields rise and oil supply fears lift markets Watch the $82,000 test to gauge if this breakout can keep pushing higher
Bitcoin climbed above $80,000 on Friday as US 30year bond yields moved higher again amid renewed concerns over global oil supply.
The rally pushed BTC/USD to a local high of about $81,034, while crypto market data showed roughly $250 million in short liquidations across the sector over a fourhour period.
The move came alongside a rebound in oil prices after the International Energy Agency warned that tighter Gulf supply could force further demand cuts if inventories continue to shrink. Analysts said Bitcoin now faces a key test near the $82,000 level, which would help confirm whether the latest breakout can hold.