
Bitcoin fails to sustain $85,000 breakout, and bond yield spikes are blamed
BTC slipped back below $84,000 after briefly topping $85,000 following August PCE data, while oil recovered and gold eased.
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The largest short-liquidation clusters are gone while the biggest remaining leverage concentrations now sit below price.

A roughly 2% decline would take BTC below the estimated $81,722 cost basis just as inflation and jobs data hit markets.

Bitcoin’s reclaim of the $84,000 support zone now hinges on Treasury yields, fresh inflation data, and stronger ETF demand.

El Salvador is increasingly turning to stablecoins for remittances while keeping BTC as a strategic asset.

Treasury is examining whether some RICs can use in-kind redemptions to sidestep the income test that preserves their tax advantages.

The institutional bid behind September’s rally is weakening just as long-term holders crowd Bitcoin’s most important resistance zone.



