US 30-year treasury yields spike to 4.98%, highest in recent years.
\nBitcoin could face $476 million in liquidations below $74,000.
\nNearly $1 billion in short positions vulnerable above $78,000.<\/p>\n
Bitcoin slid towards $77,000 on Friday after sharp moves in the US bond market triggered concern across risk assets.<\/p>\n
Investors fled long-dated treasuries as 30-year yields climbed to 4.98%, marking their biggest jump in years.<\/p>\n
The backdrop: a surprise reintroduction of global tariffs by US President Donald Trump, which rattled markets already sensitive to inflation and debt risks.<\/p>\n
Analysts now warn of a liquidity crunch if Bitcoin drops below $74,000, where nearly $500 million worth of leveraged long positions are at risk of liquidation.<\/p>\n
US 30-year treasury yields jumped above 4.98% in response to Trump\u2019s announcement of fresh tariffs, reigniting fears of rising inflation and fiscal instability.<\/p>\n
The move represents one of the largest single-day yield increases since 2020.<\/p>\n
The surge comes as investors price in higher government borrowing costs and a potentially more protectionist US trade stance.<\/p>\n
The bond selloff was so sharp that some market watchers compared it to events from the early 1980s.<\/p>\n
Jim Bianco, a well-known analyst, noted on X<\/a> that the 30-year yield saw its biggest move since 1982 when interest rates were much higher.<\/p>\n\n He suggested the abrupt spike was likely caused by forced liquidations of bond holdings by large institutions rather than natural trading patterns.<\/p>\n Bitcoin, often seen as a hedge against traditional financial market turmoil, did not escape the fallout.<\/p>\n The world\u2019s largest cryptocurrency fell about 2% in 24 hours, trading around $77,260 at the time of writing, with its market capitalisation down to $1.53 trillion.<\/p>\n\n Source: CoinMarketCap<\/a><\/p>\n Data from Coinglass<\/a> shows that if Bitcoin dips below the $74,000 threshold, approximately $476 million in long positions could be liquidated, potentially triggering a cascade of margin calls.<\/p>\n Conversely, if Bitcoin rebounds and crosses $78,000, short sellers could be forced to cover their positions, putting an estimated $982 million at risk of liquidation.<\/p>\n This tug-of-war between bulls and bears has made the market particularly sensitive to external shocks, such as those from the bond market or policy announcements from major economies.<\/p>\n While volatility looms in the short term, some crypto analysts remain cautiously optimistic.<\/p>\n Market participants are watching the $74,000\u2013$78,000 range closely, as either break could set off a chain reaction in crypto markets.<\/p>\n Ryan Lee of Bitget Research has projected that if pro-crypto conditions emerge and macroeconomic pressures ease, Bitcoin could climb to between $95,000 and $100,000 by the end of 2025.<\/p>\n That would once again push the global crypto market\u2019s capitalisation beyond the $3 trillion mark.<\/p>\n In the meantime, the focus remains on how global investors react to the new US tariffs and whether long-dated treasuries continue to see selling pressure.<\/p>\n A prolonged surge in yields could mean a broader risk-off sentiment, affecting not just Bitcoin, but also equities and commodities.<\/p>\n With interest rates still elevated and inflation not fully under control, markets are increasingly vulnerable to policy shifts.<\/p>\n The recent selloff highlights how fragile investor sentiment remains, especially when major changes like tariffs re-enter the equation.<\/p>\n Bitcoin\u2019s performance is now tightly linked to these macro shifts.<\/p>\n A move below key support could send shockwaves through decentralised finance markets and altcoins, which rely on Bitcoin\u2019s stability to sustain bullish momentum.<\/p>\n At the same time, bond markets are no longer offering the safety net they once did.<\/p>\n As yields rise, bond prices fall, meaning even so-called safe-haven assets can trigger losses under certain economic conditions.<\/p>\n With Bitcoin straddling a tight technical range and treasuries under pressure, investors are navigating increasingly treacherous terrain.<\/p>\n The next few days could determine whether the $77,000 level holds or gives way to a larger correction.<\/p>\n The post Bitcoin drops to $77K as bond yields jump on Trump tariff fears<\/a> appeared first on CoinJournal<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" US 30-year treasury yields spike to 4.98%, highest in recent years. Bitcoin could face $476 million in liquidations below $74,000. Nearly $1 billion in short positions vulnerable above $78,000. Bitcoin slid towards $77,000 on Friday after sharp moves in the US bond market triggered concern across risk assets. Investors fled long-dated treasuries as 30-year yields […]<\/p>\n","protected":false},"author":0,"featured_media":2916,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-2915","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin"],"acf":[],"_links":{"self":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/2915","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/comments?post=2915"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/2915\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/2916"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=2915"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=2915"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=2915"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Bitcoin faces $476M liquidation risk<\/h2>\n
Volatility ahead for crypto markets<\/h2>\n
Macro risks drive market pressure<\/h2>\n