29th September 2026 – (New York) Bitcoin eased to just above $83,100 in early Tuesday trading in Asia, slipping under one per cent and probing the base of last week’s range as a jump in US Treasury yields and firmer crude prices revived inflation concerns and the prospect of another Federal Reserve rate rise. The ten‑year yield steadied near 5.25 per cent after touching its highest since 2007 on Monday, raising the hurdle for holding non‑income‑bearing assets such as bitcoin. Brent crude advanced more than one per cent for a second session to approach $107 a barrel as hopes for swift diplomatic progress with Iran faded, further feeding price pressures.
Across digital assets, Zec tumbled about 12 per cent to roughly $1,380, the sharpest fall among major tokens. Sol and Hype each shed between 3 and 4 per cent, Doge fell 3 per cent, BNB lost 2 per cent and XRP was nearly 2 per cent lower, while Ether and TRX were broadly unchanged. Among smaller names, The Graph’s GRT jumped around 18 per cent and Immutable’s IMX gained nearly 10 per cent, according to brokerage tallies, even as Uni and BCH each slipped about 10 per cent and Dash dropped 7 per cent. The total market value of cryptocurrencies hovered near $2.86 trillion.
A widely followed crypto sentiment gauge stood at 74 out of 100 on Monday, just shy of the “extreme greed” band, a reading some analysts contrasted with the anxiety that has gripped equities for much of the past three weeks. Market watchers said bitcoin’s move back toward the lower edge of its recent consolidation leaves scope for a retest of the $82,000 area — a zone aligned with peaks seen in May and early September — with any sustained break below $80,000 likely to signal fatigue, while a swift rebound could reopen a push above $90,000 in the near term.
Equities reflected the macro drag. MSCI’s All Country World Index slipped to its weakest level since 18th September, and Nasdaq‑100 futures were down around 0.3 per cent after a technology‑led sell‑off on Wall Street. Attention now turns to Wednesday’s release of the US personal consumption expenditures price index for August, the inflation measure most closely watched by the Fed, where a hotter‑than‑expected print could harden bets on an additional rate increase and keep upward pressure on yields — the same dynamic that has checked bitcoin’s pullback from above $87,000.