Crypto
Sept. 25, 2026 live: Bitcoin slips below $85,000 as Treasury yield retreats
Bitcoin touched $85,000 before pulling back as the 10-year Treasury yield rose to 5.211% and then eased to 5.16%. News about terms for reopening the Strait of Hormuz sent WTI lower and lifted stocks and bitcoin.
AiSiWhale・Published
Bitcoin swings with rates and Middle East news
On September 25, 2026, bitcoin briefly touched $85,000 before pulling back to $83,400 in early trading, down 3% from its overnight high. A report said rising Treasury yields hurt risk assets, sending bitcoin lower.
The 10-year U.S. Treasury yield rose to an intraday high of 5.211% before retreating to 5.16%.
Iran submitted terms to the U.S. through Qatar-based mediators for reopening the Strait of Hormuz. After the news, WTI crude briefly fell by more than $2 a barrel and was down 3% at $91.74 a barrel for the day.
The same news pushed stocks to session highs, bitcoin back above $84,000 and the 10-year Treasury yield down to 5.16%.
FxPro chief market analyst Alex Kuptsikevich said bitcoin’s pullback may be only a pause in an uptrend.
Bitcoin was below $85,000 ahead of the September 25, 2026, Deribit expiry, with the strike carrying a large block of call options. Sequans disclosed that it had sold its remaining 314 bitcoin as of June 30, 2026, exiting the bitcoin treasury business; at the market peak in October 2025, Sequans had built an inventory of more than 3,200 bitcoin.