Bitcoin Slips Below $85,000 as Ethereum, XRP, Dogecoin Fall With Treasury Yields at 19-Year Highs
Bitcoin traded below $85,000 after failing to break $87,000 resistance, despite significant spot ETF inflows. The 10-year Treasury yield surged to its highest level since 2007 and traders now pricing in a nearly 60% chance of another 25-basis-point rate hike next month.
| Cryptocurrency | Ticker | Price |
| Bitcoin | (CRYPTO: BTC) | $84,228.99 |
| Ethereum | (CRYPTO: ETH) | $2,664.67 |
| Solana | (CRYPTO: SOL) | $114.18 |
| XRP | (CRYPTO: XRP) | $1.49 |
| Dogecoin | (CRYPTO: DOGE) | $0.09206 |
| Shiba Inu | (CRYPTO: SHIB) | $0.055602 |
Notable Statistics:
- Coinglass data shows 132,639 traders were liquidated in the past 24 hours for $582.90 million.
- SoSoValue data shows net inflows of $714.8 million from spot Bitcoin ETFs on Tuesday. Spot Ethereum ETFs saw net inflows of $162.3 million.
- In the past 24 hours, top gainers include XRP, Hyperliquid and Pepe.
Notable Developments:
- Bitcoin Analyst Admits His Rate-Hike Thesis ‘Was Not Rooted in the Data’
- XRP Could Repeat Its 2016 Pattern and Rally 50x, Analyst Says: ‘Charts Don’t Lie’
- Kalshi Rejects Wash Trading Claims as Report Flags Unusual Activity in Ethereum Perpetuals Market
- Bitcoin Could Deliver ‘3-5x Rather Than Another 10x’ This Cycle, Analyst Says
- Bitcoin, Ethereum, XRP Slide as $18 Billion Options Expiry Looms: What’s Going On?
- Tesla’s Bitcoin Stash Nears $1B as Short Squeeze Fuels Rally
- CFTC Chair Selig Signals ‘Mass Tokenization’ as Raoul Pal Says Everything Will Be a Token
- Bitcoin May Retest Low $60,000s Before $100K, Mark Yusko Says ‘Everyone’ Should Own It
- Trump’s Strategy Stock Trades Draw Scrutiny as MSTR Surges 83%
- Dogecoin Gains 18% in a Week as ETF Inflows Return – What’s Next?
Trader Notes:
Trader KillaXBT said Bitcoin’s new range is still forming, with $80,000-$95,000 a likely zone. He would be surprised by $100,000 this year, but sees pullbacks limited to roughly 10%-15% on the broader move toward $126,000.
Daan Crypto Trades highlighted $83,000-$84,000 as the key line for bullish momentum. The leverage-driven retest offers bulls a chance to defend the breakout.
A sustained move below $83,000 would signal weakness and warrant more caution into month-end.
Michael van de Poppe noted that Bitcoin’s latest liquidity sweep could mark the end of the correction, but a second leg toward $81,000 remains equally possible. Either way, he favors buying dips, particularly in altcoins.
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