Bitcoin slips as rising yields and oil prices pressure risk assets
Markets are turning cautious ahead of key U.S. policy events, weighing on cryptocurrencies alongside equity futures. Bitcoin trades near $64,000 after giving back part of Monday's rally, while investors watch the Federal Reserve's July meeting minutes and a White House meeting with crypto executives due Wednesday.
Highlights
- Bitcoin falls 0.6% to near $62,600 as higher U.S. Treasury yields and Brent crude's rise to $94 pressure risk assets.
- Nasdaq 100 futures decline 1.1%, with ether and altcoins like SUI, XLM, and TAO also moving lower as risk appetite weakens.
- Investors await July 28-29 FOMC minutes and a White House meeting between President Donald Trump and crypto executives for policy signals.
Macro pressures weigh on crypto trading
As reported by CoinDesk, bitcoin is retracing its move from $62,600 to $64,600 as Nasdaq 100 futures fall and investors respond to higher U.S. Treasury yields and stronger oil prices.The largest cryptocurrency is down 0.6% since midnight UTC, while Nasdaq 100 futures lose 1.1%. Ether drops about 1%, and tokens including SUI, XLM and TAO also move lower as broader risk appetite weakens.
Brent crude rises back to $94 a barrel after a 60-day U.S.-Iran ceasefire expires Monday without a deal, adding to inflation uncertainty. The rise in bond yields also reflects market unease before the release of the Federal Reserve's July 28-29 FOMC meeting minutes on Wednesday.
Fed minutes and White House meeting in focus
Traders are watching the Fed minutes after two consecutive softer inflation prints, with the release expected to shape expectations for interest rates and near-term positioning across risk assets.Bitcoin's latest pause comes as U.S. policy remains a major driver for digital asset prices. Also on Wednesday, President Donald Trump is expected to meet crypto industry executives at the White House, an event that could add to the stop-start pattern in bitcoin's range-bound trading.
Our earlier coverage of surging long-dated U.S. Treasury yields highlighted how higher oil prices and renewed U.S.-Iran tensions revived inflation fears and rattled markets, weighing particularly on rate-sensitive equities. We also noted that the move was mirrored across other major bond markets, with long-term yields in Japan and Europe pushing toward multi-decade highs as investors reassessed inflation and borrowing-cost risks.
-
Afghanistan
-
Albania
-
Algeria
-
Angola
-
Argentina
-
Armenia
-
Australia
-
Austria
-
Azerbaijan
-
Bahamas
-
Bahrain
-
Bangladesh
-
Belarus
-
Belgium
-
Bolivia
-
Botswana
-
Brazil
-
Brunei
-
Bulgaria
-
Cambodia
-
Cameroon
-
Canada
-
Chile
-
China
-
Colombia
-
Congo
-
Costa Rica
-
Cote d'Ivoire
-
Croatia
-
Cuba
-
Cyprus
-
Czechia
-
DR Congo
-
Denmark
-
Dominican Republic
-
Ecuador
-
Egypt
-
El Salvador
-
Estonia
-
Eswatini
-
Ethiopia
-
Finland
-
France
-
Georgia
-
Germany
-
Ghana
-
Greece
-
Haiti
-
Hong Kong
-
Hungary
-
India
-
Indonesia
-
Iran, Islamic republic
-
Iraq
-
Ireland
-
Israel
-
Italy
-
Jamaica
-
Japan
-
Jordan
-
Kazakhstan
-
Kenya
-
Korea
-
Kuwait
-
Kyrgyzstan
-
Laos
-
Latvia
-
Lebanon
-
Lesotho
-
Libya
-
Lithuania
-
Luxembourg
-
Madagascar
-
Malaysia
-
Malta
-
Mauritius
-
Mexico
-
Moldova
-
Mongolia
-
Montenegro
-
Morocco
-
Mozambique
-
Myanmar
-
Namibia
-
Nepal
-
Netherlands
-
New Zealand
-
Nigeria
-
North Macedonia
-
Norway
-
Oman
-
Pakistan
-
Palestine
-
Panama
-
Papua New Guinea
-
Paraguay
-
Peru
-
Philippines
-
Poland
-
Portugal
-
Puerto Rico
-
Qatar
-
Reunion
-
Romania
-
Rwanda
-
Saudi Arabia
-
Serbia
-
Singapore
-
Slovakia
-
Slovenia
-
Somalia
-
South Africa
-
Spain
-
Sri Lanka
-
Sweden
-
Switzerland
-
Syria
-
Taiwan
-
Tajikistan
-
Tanzania
-
Thailand
-
Trinidad and Tobago
-
Tunisia
-
Turkey
-
UAE
-
Uganda
-
Ukraine
-
United Kingdom
-
United States
-
Uruguay
-
Uzbekistan
-
Venezuela
-
Vietnam
-
Yemen
-
Zambia
-
Zimbabwe
- Forex
- Crypto
