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Bitcoin (BTC) fluctuated around $86,000 after Monday’s Wall Street open as US bond yields continued to rise.
Key points:
- Bitcoin rejected near its weekly close of $86,570 after the start of the US trading session.
- US bond yields staged a rebounBitcoin price action continued with smaller moves, with the 2026 yearly open at $87,570 lingering overhead as key psychological resistance.d to eye new 24-year highs after dropping on Friday.
- Glassnode analysis reported less “aggressive upward momentum” visible in onchain data in recent days.
Bitcoin indecisive as US bond yields return higher
Data from TradingView showed BTC/USD struggling to move beyond its weekly open level near $86,500 after the highest weekly close since late January.
BTC/USD one-hour chart. Source: Cointelegraph/TradingView
US bond yields, already under scrutiny, headed higher on the day. The 30-year yield passed 5.67% once again, just two basis points below 24-year highs…
