Bitcoin Slumps 1.24% Amid Treasury Yield Rise and FOMC Anxiety
Bitcoin (BTC) experienced a decline of 1.24% on September 15th, reaching a price of $78,091.25 by 20:15 ET.
The drop was attributed to rising benchmark Treasury yields and pre-FOMC de-risking among institutional market participants.
This led to a reduction in risk exposure across digital assets as macro traders adjusted portfolios to reflect heightened monetary uncertainty and potential policy hawkishness.
Persistent yield pressures increased the opportunity cost of holding non-yielding digital assets, driving selective capital preservation and spot market distribution among institutional desks.