Morning Edition · Thursday, September 24, 2026Published at 1:46 AM EDT · New York
A firm United States business survey, a rebound in oil and weak demand at a five-year note auction lifted borrowing costs, and roughly $16 billion of bitcoin options expire on Friday.

Bitcoin traded below $84,000 in the early hours of Wednesday after United States Treasury yields reached their highest level since 2007, CoinDesk reported. Three things moved rates at once: a rebound in oil prices, the strongest reading on…
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Part of a tracked trend
Dollar Liquidity Sets Crypto's Direction
Bank reserve levels and Treasury cash management increasingly determine crypto price direction more than crypto-native flows, tying digital assets to the same funding cycle as leveraged equities.
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