Bitcoin Fights to Hold Ground Amid Rising Yields and Volatile Energy Markets

Bitcoin (BTC) continued to hover around $83,000 on Tuesday as investors digested the latest market developments. The cryptocurrency had retreated from its recent high of $87,000 last week and was still finding support at this level.

However, not all cryptocurrencies were faring well. Zcash (ZEC) plummeted 12% to around $1,380, marking the largest decline among leading digital assets.

The surging crude oil prices and climbing Treasury yields are putting pressure on cryptocurrency valuations. The benchmark 10-year Treasury yield reached its highest point since 2007, while Brent crude advanced over 1% to approach $107 per barrel.

Despite the market headwinds, institutional buying continued, with spot Bitcoin ETFs recording $2.39 billion in net inflows during the past week. This marks the strongest performance since October 2025, with BlackRock's IBIT capturing roughly $1.2 billion of these capital flows.