CryptoMedium•5 October 2026•
1 min read
US Treasury Yields Hit 2008 Highs Increasing Pressure on Bitcoin
Key Facts
1The 10-year US Treasury yield approached 5.35%, reaching its highest level since 2008.
2Rising yields have increased the opportunity cost of holding non-income-generating assets like cryptocurrencies.
The 10-year US Treasury yield approached 5.35%, reaching its highest level since 2008. TokenPost reported that rising yields have increased the opportunity cost of holding non-income-generating assets, specifically impacting cryptocurrencies like Bitcoin.
The surge in yields is draining market liquidity and making risk-on assets less attractive as investors seek higher guaranteed returns from government debt. This shift has also increased the correlation between Bitcoin and traditional equities, leaving the digital asset more vulnerable to broader stock market declines.