Newsig · CoinDesk
Bitcoin slides to $83,300 as bond yields hit highest level since 2007
The 10-year Treasury yield reached its highest since 2007, sending U.S. stocks and crypto lower before Asian and European traders bought the dip.
Why it matters
BTC (Bitcoin) · Why linked: Bitcoin is explicitly mentioned as sliding to $83,300 amid the bond yield move. Market context: The highest 10-year Treasury yield since 2007 is pressuring Bitcoin lower before dip-buyers stepped in.
TLT (20+ Year Treasury) · Why linked: 10-year Treasury yields hitting their highest since 2007 directly impacts long-duration Treasury prices. Market context: 10-year yields at their highest since 2007 are driving significant selling in long-duration Treasuries.
SPY (SPDR S&P 500 ETF) · Why linked: U.S. stocks are mentioned as selling off alongside crypto before dip-buyers emerged. Market context: Soaring Treasury yields are weighing on U.S. equities before Asian and European dip-buyers provided support.
How BTC, TLT, SPY usually react
This story is too recent for its own reaction record — we score each asset against the actual price move 24h after publication. These are the long-run figures across every event we have tracked for them.
| Asset | Events | Avg max move | Closed lower |
|---|---|---|---|
| BTC | 4 | +1.58% | 25% |
| TLT | 10 | +0.57% | 60% |
| SPY | 13 | +0.75% | 69% |
Curated by Newsig — News in. Signal out.
How the reaction data is measured · Editorial policy