Bitcoin Price Slides to $76.5K as Oil, Bond Yields and Inflation Lift Rate Risks

• Bitcoin price fell 1.6% over 24 hours, touching $76,500 as risk assets moved lower.
• Brent crude climbed above $108 a barrel, while the U.S. 10-year Treasury yield reached 4.95%.
• Markets are now focused on Friday’s U.S. CPI report and next week’s Federal Reserve decision.

Bitcoin price fell to around $76,500 on Thursday as a spike in oil prices, surging bond yields, and renewed inflation concerns triggered a broader risk-off move across global markets.

The latest bitcoin news comes as investors reassess the outlook for U.S. interest rates ahead of Friday’s CPI report and next week’s Federal Reserve decision.

Bitcoin Price Falls to $76,500

Bitcoin fell 1.6% over 24 hours and touched $76,500, unable to reclaim the $79,000–$80,000 resistance zone it has struggled against in recent sessions. 

Sponsored

18+ · Gambling involves risk. Play responsibly.

The broader crypto market followed suit, with total market capitalization down 1.9% to $2.7 trillion. 

Bitcoin’s dominance held firm at 57.1%, while market sentiment cooled to a Fear & Greed score of 68. The reading remains in “Greed” territory but is well below recent highs.

Stablecoins and decentralized finance markets remained relatively steady despite the broader pullback.