Bond Yield Surge Pressures Cryptocurrency Market

The US 10-year government bond yield has surged above 5%, marking its first breach of this level in nearly two decades. This move has put pressure on the cryptocurrency market, with Bitcoin falling to a critical support level around $76,000.

According to technical analysis, a potential head and shoulders pattern is forming for Bitcoin, indicating possible further declines. The upcoming US Federal Reserve interest rate hike may also add bearish pressure in the short to medium term.

However, some indicators suggest that the bond yield might soften soon, which could ease market stress. As of September 15, 2026, Bitcoin trades at Rp1.362.550.305 on Pluang, down 0.91% in the last day.