Bitcoin Stalls at $84,000 as US 10-Year Treasury Yield Hits 2007 Highs

Bitcoin (BTC) is trading around $84,000 on Sunday, September 27, down approximately 4% from its weekly peak of $87,363. The decline follows a $15.6 billion options expiry on Friday and is currently pressured by the US 10-year Treasury yield, which has climbed above 5% for the first time since 2007. This rise in risk-free rates is drawing liquidity away from risk assets like Bitcoin. Despite the pressure, Bitcoin maintains a bullish structure, holding above its 20, 50, and 200-day moving averages, with support established in the $83,800–$84,000 range.