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Bitcoin slips below $85,000 as 5% Treasury yield returns to haunt risk assets
Bitcoin fell below $85,000 on Sept. 23 after stronger-than-expected US business activity sent Treasury yields higher and flushed leveraged longs. The reversal broke the momentum behind a rebound that had accelerated as Bitcoin pushed through a large concentration of short positions earlier this week.
Assets in this piece
CoinGecko last prints — not a Dextape quote.
Why it matters
A single-asset headline is not a market-wide fact. Check the tape, dominance, and whether the move is cash, derivatives, or a story premium.
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