Bitcoin falls below $84K as 10-year Treasury yield hits 19-year high

BTC

BTC/USDT

$84,014.05

+0.23%

$84,014.05

+0.23%

(24s)

24h Volume

$15,664,950,833.42

24h H/L

$85,255.00 / $83,183.00

Change: $2,072.00 (2.49%)

Long/Short

58.4%

Long: 58.4%Short: 41.6%

Funding Rate

+0.0009%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$84,007.02

▼ -0.11%

Volume (24h): -

Resistance Levels

Resistance 3$87,335.96

Resistance 2$85,667.07

Resistance 1$84,048.83

Price$84,007.02

Support 1$83,103.66

Support 2$80,169.72

Support 3$77,064.96

Pivot (PP):$84,179.33

Trend:Uptrend

RSI (14):63.9

Cointelegraph Staff

(10:15 AM UTC)

1 min read

Key points

Bitcoin fell below $84,000 as the US 10-year Treasury yield reached its highest level since 2007.
An analyst put the odds of an October Fed hike above 70% as the Treasury prepared a bond buyback of up to $6 billion.
Bitcoin has closed September higher for three straight years, while October has averaged a 19.92% gain, per CoinGlass data.

Bitcoin fell below $84,000 during Asian trading…