US Treasury yields surge to new highs as liquidity tightens, pushing Bitcoin back below $82,000 resistance
Bitcoin‘s latest retreat below $80,000 shows how quickly the bond market has reclaimed control of crypto trading, even after lawmakers advanced one of the industry’s most closely watched regulatory bills. Data from CryptoSlate showed that the top asset was trading at $79,083 as of press time, down more than 3% after another failed attempt to hold above $82,000. Blockchain analytical firm Santiment attributed the reversal to a “buy the rumor, sell the news” market reaction to the Senate Banking Committees approval of the CLARITY Act. This was a policy milestone that would typically improve sentiment across digital assets by moving market-structure legislation closer to a full Senate vote. However, the rally attempt faded as traders shifted their focus back to Treasurys. The 10-year Treasury yield moved above 4.5% for the first time since June 2025, while the 30-year yield climbed toward 5.1%. Jim Bianco of Bianco Research said the long bond was only 8 basis points away from a fresh 19-year high. US 30-Year Yield (Source: Bianco Research) That move has raised the return threshold for Bitcoin exposure. Higher yields make cash, bills, and longer-dated government debt more competitive, while $BTC is trying to recover a key technical level. Nicolai Sondergaard, a research analyst at Nansen, told