Bitcoin (BTC) Slides Under $64K Amid Rising Treasury Yields and Weak Stablecoin Activity
Key TakeawaysBTC declined more than 2.3% to approximately $63,919, breaching the $64,000 thresholdClimbing US Treasury yields are amplifying market expectations for additional Federal Reserve rate increasesExchange stablecoin deposits have plunged to their weakest levels since 2025Analyst Ted identified $65,000 support as broken and highlighted $62,500–$63,000 as the critical level to watchLegislative gridlock over the Digital Asset Market Clarity Act compounds regulatory concerns Bitcoin (BTC) slipped beneath the $64,000 threshold on Saturday, with prices hovering around $63,919 based on Binance exchange data. The flagship cryptocurrency registered approximately 2.3% losses across a 24-hour period. Bitcoin (BTC) Price Selling pressure intensified following Fridays Wall Street market open. Throughout the trading session, BTC/USD fluctuated within a band of approximately $63,703 to $65,396. Trading outfit Mosaic Asset Company identified surging US Treasury yields as a primary catalyst behind the downturn. The two-year Treasury yield advanced to 4.31%, positioning itself considerably above the Federal Reserves existing target corridor. Mosaic observed “significant movements rippling throughout the yield curve” notwithstanding a softer-than-anticipated Consumer Price Index reading. According to their analysis, elevated yields are exerting bearish pressure on equity indices and speculative assets including cryptocurrencies. Market expectations reflected in CME Group‘s FedWatch Tool indicate traders anticipate the central bank will maintain current policy at next