Why surging US real yields are quietly forcing Bitcoin under $84,000

Bitcoin registered an intraday low at $83,500 on Sept. 23, the same day the US 10-year Treasury yield closed at 5.11%, up 15 basis points in a single session, as a hotter-than-expected business activity survey pushed investors to reprice interest rates. Bitcoin now sits inside the $84,000 to $85,000 zone Glassnode identifies as its nearest [ ]