Bitcoin Holds Firm as US 10-Year Yield Nears 19-Year High, Strategy Buys 1,665 BTC

Despite the US stock market experiencing a red day due to rising US 10-year bond yields, Bitcoin managed to hold firm and defend the key $83K level. The bulls were successful in maintaining the price, and this comes as the US 10-year yield nears a 19-year high. Meanwhile, Strategy, a financial institution, has been actively buying Bitcoin, with its latest purchase of 1,665 BTC totaling $142.7 million. This brings its total holdings to 847,666 BTC.

Chainlink has launched its CCIP 2.0, which includes issuer-configurable transfer checks, speed settings, and compliance controls for cross-chain assets. This is part of Chainlink's efforts to enhance the functionality and security of its decentralized network.

Bybit and Franklin Templeton have also announced a partnership, allowing eligible institutions to pledge Benji tokenized fund shares as trading collateral for USDT or USDC trading credit. This move is aimed at providing a more accessible and efficient way for institutions to participate in the crypto market.

Coinbase and Citi have linked virtual accounts to stablecoin payments, enabling businesses to receive funds through bank-style workflows and settle in fiat. This integration is expected to simplify the process of receiving and settling payments in the crypto market.

Aave V4 on Base has now accepted seven Coinbase tokenized tech stocks as collateral for USDC borrowing, with initial caps and jurisdiction limits in place. This expansion of collateral options is expected to increase the accessibility of decentralized finance (DeFi) services for users.

US spot Bitcoin ETFs have seen a surge in net inflows, reaching $2.4 billion in their strongest week since October 2025. This growth in demand for Bitcoin ETFs is a significant development in the crypto market.