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Bitcoin Holds Firm as US Stock Market Declines Amid Rising Yields

Guavy AI Editorial Team
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The US stock market saw a red day as the US 10-year bond yields broke out to the upside, but Bitcoin held firm at the key $83K level.

According to CryptoDaily, Strategy bought 1,665 BTC for $142.7 million, lifting its holdings to 847,666 BTC.

In other news, Chainlink launched CCIP 2.0 on September 28, adding custom security checks for cross-chain assets, while Bybit and Franklin Templeton partnered to let institutions use tokenized fund shares as trading collateral.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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