Source: Investing.com
“Bitcoin slipped on Wednesday, as sentiment for risky assets took a hit from soaring U.S. Treasury yields, a boost to Federal Reserve rate hike expectations, and a rise in oil prices as hopes for diplomatic progress between Washington and Tehran took a hit. After rallying nearly 7% on Monday and peaking above $87.3k to touch its highest level since the end of January, Bitcoin has given back some gains. Still, investors remain upbeat about regulatory proceedings around crypto despite the recent failure of the Clarity Act in clearing Congress. … U.S. Treasury yields surged on Wednesday amid a rise in odds of the Fed delivering a rate hike in October. The moves were driven by hot U.S. economic data.” (09/23/26)